1. Budgeting:

Living on a budget is a skill that eludes many, not just the younger generation. The difficulty of a budget, is that you feel as though you’re limiting yourself. It’s kind of like why staying on a diet is so hard. However, a better way to think of a budget is “this is the money I can spend on a night out this week, let’s get wild” instead of “I can only spend this much tonight?” Perspective is everything.

2. Building credit and using a credit card:

Applying for a credit card, and learning to use it responsibly, will help get you started on the right foot in the adult world. Having a good credit score means getting lower interest rates on loans, which will save you thousands of dollars over time. With a higher credit score, banks would be more willing to approve you for higher limits. This allows you to have greater purchasing power, and to improve your score. Credit scores will also, in most instances, be used by landlords to determine whether to approve you as a tenant. Learn more about building credit as a young adult here.

3. Writing resumes and cover letters:

If you have any previous work experience, you should have a resume. If you don’t have any previous work experience, you should still have a resume. Basically, a resume outlines your education, work experience, accomplishments, and skills. It’s a quick overview of your professional life. You should update it continuously as your experience grows. A cover letter, is a precursor to your resume. The cover letter summarizes your resume, shows your interest in the specific job, and states why you would be a good choice for the job.

4. Saying "no" respectfully:

If you’re a yes-man, like me, saying “no” is a particularly difficult skill. Saying “no” respectfully, is even harder. However, learning to say no will save you from overwhelming commitments, and can even keep you out of trouble. (Say no to peer pressure!)