RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

What Every College Grad Should Know About That First Job

May 31, 2016 1:42 am

Each year, scores of college grads hit the streets in search of their first job. Before you (or a recently graduated loved one) start pounding the pavement, get ahead of these hard facts, according to Yahoo! Finance.

Credit card debt is a killer.
You may find yourself bombarded with (and tempted by!) credit card offers after receiving your first few paychecks. Carrying credit card debt comes with high interest, and, often, stress. Don’t risk ruining your credit before you’ve established your independence. Charge no more in any month than you can reasonably pay off when the bill arrives.

Your boss is not your friend.
It’s great to have a boss you like, and even better when the feeling is mutual, but remember: your boss’s top priority isn’t you. It’s bottom-line company performance, so mind your p’s and q’s and remember that your job evaluation is worth more than a pat on the head.

Save more than you think you can afford.
Putting off saving “until later” can cost you thousands of dollars long-term. Don’t put off investing in your future. Make saving a priority. Take advantage of company savings options, if possible.

It’s okay to quit.
Few first jobs turn out to be the opportunity you expected.  Statistics show the average young adult has had seven jobs by the time they reach 30. Don’t be hasty. The idea is not to burn bridges, but to build them. Learn whatever you can from every job, and take those new skills with you to the next.

Published with permission from RISMedia.


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3 Tips to Save on Rising Rents

May 31, 2016 1:42 am

Exploring the rental market in your community?

We recently turned to ApartmentList.com for rent-saving tips.

Tip #1: Get roommates.
You’re much more likely to find an affordable apartment on a larger, combined budget than on a single income, says Yuki Graviet Knapp of ApartmentList.com. You’ll also likely save on utilities, furniture, and other charges (television, Internet, etc.).

Tip #2: Avoid popular moving times.
During “off” seasons, Graviet Knapp says, landlords are much more likely to give you a deal on rent in order to keep up their occupancy. She says if you time it right, you’ll find yourself in a much better position for negotiating (or simply being offered) a cheaper rent.

Tip #3: Negotiate on a fixer.
Consider an apartment that’s under budget and in need of minor improvements you can do yourself. Graviet Knapp says one-time fixes are much cheaper in the long run than renting a more expensive apartment with all the perks.

Remember, in addition to these tips, to factor in other expenses, Graviet Knapp adds. Does the property charge extra for pets or parking?  Will you pay for your own utility use only, or does the property utilize a ratio utility billing system (RUBS)? Does the property offer military discounts or preferred employer discounts?

Weigh your options, preferably with the help of a real estate professional, before committing to a lease.

Published with permission from RISMedia.


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