The moment you walk across the stage to receive your degree is the exact same moment you’re abruptly shoved from one world to another. You’ll immediately transition from a world where banks were eager to give you money, to a world where they want it all back, and with interest. You’ll transition from a world where you studied simply to make it just to make it through finals, to a world where you’ll have to apply everything you’ve learned in the past 4 years every single day.
It’s an exciting time for some, and a daunting one for others. There’s no doubt that lots of people in their 30’s look back at the mistakes they made in this period of their life and wish they would have done things a little differently. They wish they had a role model who showed them how to use their degree to be truly successful in life.
There’s no doubt college grads could learn a thing or two from generations past, and lucky for us we’ve been given some pretty good role models to learn from, not the least of which is billionaire investment & business magnate Warren Buffett.
Buffett is one of the most successful people in the world. He’s not only a self made billionaire, but he’s also a philanthropist who’s donating the majority of his fortunes to charity, and not his children when he passes on. Buffett’s discovered what he’s truly passionate about in life, and has used it to fuel ultimate success.
He’s someone we could all learn from, and lucky for us he’s given the world countless pieces of advice, many of which can apply to the new phase of life you’ll soon be entering.
Here’s a few that are most applicable to a new college grad:
If you want to be wealthy, successful, and live the life you’ve always imagined then you have to put in the hard work…no exceptions. Start planting the tree today that’ll give you shade later on in life!
You may feel rich when you hold your first paycheck in your hands, but don’t overlook the debt you’ve accumulated over the past 4 years. Life can be expensive. Not spending money wastefully, and staying frugal is the best way to get yourself on a stable financial path.
Now that you’re in the real world you’ll be surrounded by lots of successful people. To be successful yourself it’s you can get a head start by observe how successful people think, plan, communicate, and handle situations. To be successful you’ve got to seek out people who are ultra successful in your field and incorporate traits from their life into into your own. It’s what Warren Buffett did…and now he’s a billionaire!
There’s so much more we could all learn from Buffett. Check out more pieces of advice from Buffett coupled with stories from his life in the full infographic below!
Once a young college grad himself, Shelby knows the feeling all too well of holding a degree in his hands, but not knowing what to do next. He’s passionate about helping others become the best they can be, whether it’s professionally, personally, or financially. He recently started the InvestingTips360 blog, which gives him an outlet to share personal finance, and investing tips with his readers.