Archive for May, 2008

How I Would Redo College Differently

Now that I’m a full year out of college, I’ve had some time to think deeply about my college experience, and there are a lot of things I would have done differently.

I went to a small, private liberal arts university in the south. It’s well-ranked and was very expensive, but luckily I graduated with no debt thanks to my very supportive parents and a few small merit-based scholarships. (I also supported myself as much as possible by holding jobs on campus all four years.)

One of the reasons I chose my school was because they had a program which guaranteed me admittance to their law school if I maintained a certain GPA due to my standardized test scores. [The ACT was my best friend during the college admissions game. :) ]

Yes, for some strange reason, yours truly thought he wanted to go to law school. Ha. A year working for the law school admissions office cleared that right up. Who wants to be a headcase for three years and then enter a suicide- and depression-laden profession? Not this boy.

So, between my freshman and sophomore years I decided what would really make me happy would be becoming a veterinarian. So, I officially declared myself a biology major and eagerly signed up for 8:15am genetics. Luckily I had enough AP credits from high school so that I would be able to complete the biology major coursework even though I began as a sophomore.

Halfway through junior year (after having spent the summer as a veterinary assistant), I realized that although I do feel strongly about helping animals, it wasn’t something I was interested in as a career. [Factoid: Did you know veterinarians have a much higher-than-average suicide rate due to their high-stress levels and easy access to chemical euthanasia agents? More importantly, why was I attracted to high-stress, depressive professions in college?]

In May 2007 I graduated college without a firm plan for making it big with my B.S. in biology and my history minor.

Luckily, my experience as a website manager for one of my university’s schools’ websites was enough to get me a position in online ad operations (though that job didn’t last long).

These days I’m much happier in my current role as a semi-technical hire at a web development company. But it pains me that I could be much further along in my career had I done college differently. I certainly could be making more money, for instance, if I had a stronger technical background.

If I was granted a magical college do-over while retaining all the important Life Lessons I’ve learned, here’s what I think I would do:

  • I would have picked a major that aligns with my interests and has the possibility of paying well. I did love the biology major (molecular bio and organic chemistry excepted), but entry-level jobs for a biology B.S. degree are competitive and pay poorly. The good jobs in biology all require an M.S. at the very least, and even most of those aren’t well compensated. I would have been better off with some combination of business and web technology, and probably just as happy since I am also interested in those subjects.
  • I would have gone to a more prestigious school. Don’t get me wrong, my university was ranked well and has an excellent academic reputation. But I received an application from Princeton out of the blue during college application season, and I think a part of me will always wonder, What if…?
  • Failing that, maybe I would have gone to a less prestigious school. With my AP credits I’d probably have been able to finish in 3 years at a less challenging school, saving my parents lots of money. Also I’d probably have a lot more free time to work on building my professional skill-set rather than poring over useless Calculus 2 problems.
  • I would have gone to school in a large, liberal city, like D.C., San Francisco, or maybe Miami. Being gay in a small, southern city isn’t much fun. Partly, it’s a numbers game, because there are more gay people to meet in a large city than a small one. But it’s also about being in a place where people hate you less for being different—and let’s not forget that gay friendly cities tend to have better economies (pdf).
  • I would have tried to find a corporate internship for the summer before senior year. When I graduated college, my resume only included a few campus jobs plus my summer with the veterinary hospital. Some first-hand corporate experience would have been good preparation for the business world because unfortunately, few entrepreneurs recognize the inherent character-building that comes with drawing blood from a Basset hound.
  • I would have started applying for post-college jobs long before February of senior year. Even the few months’ head-start I gave myself was not enough time. I didn’t accept a job offer until August after graduation, which meant three insufferable months of living at home with my parents. I simply had no idea the job search process would take as long as it did. (To give you an idea how slow some of these companies move: An HR representative from Target.com called me in December to talk about a position I applied for in July. Wow.)
  • If in my do-over I failed to get a job immediately after graduating, I would have moved to my desired city and started temping right away. Instead, I stupidly waited for months until I found a “good fit” which turned out not to be such a good fit after all. And though D.C. slash NoVA isn’t terrible, I let the city pick me rather than the other way around.
  • I would have had more sex. Because… well, why not? Apparently it’s more important than making a lot of money.

One thing I won’t do is beat myself up for my respectable-but-not-4.0 GPA. Who wants to hire a kid with a perfect GPA anyway?

What about college do you wish you could redo?

You Know Where I’ll Be This Weekend

Lacoste Memorial Day Weekend 2008

Twenty percent off? Holla.

Click here for a list of all of the Lacoste outlets by state.

Between an Awk and a Hard Place: Family and Finances

Two rocksI’m in the middle of an awkward situation.

Normally, I don’t write about my friends and family on this blog. Writing about my own life with my adoring masses is my own prerogative, but writing about their lives isn’t.

But I need to share this on the blog, so I’ll be vague.

A few months ago, I loaned an older relative some money. At the time I didn’t even think of it as a loan. It was just convenience thing. She had an entirely legitimate bill due, and because of the particulars of the situation, it was just a lot easier for me to foot the bill and have her pay me back.

Honestly, I didn’t think twice about it. It’s just the sort of thing we do in my family. For instance, sometimes a family member will use a professional discount to buy an item for another family member. This transaction was along those lines.

The amount I covered didn’t break the bank, but at more than $1,000 it wasn’t an insignificant expense for me either.

A few weeks went by before I thought to say anything about getting reimbursed. I didn’t want to seem cheap or needy, but I do have very aggressive savings goals, and every bit counts.

I just brought it up casually: “Hey [relative], don’t forget about that check.”

“Oh, don’t worry! I haven’t forgotten!”

Good, I thought. That takes care of that.

A few more weeks passed.

“I was just wondering if you had a chance to send that check?” I asked. “I was hoping to buy a new computer pretty soon, and I’d like to have that money back in my account first.” (Not that I should have to explain myself for wanting to be paid back, right?)

Then she brokedown. She confessed she has been living paycheck-to-paycheck for months. She doesn’t have the cash flow right now to pay me back.

I was stunned. This relative has had a stable career. She’s in her mid-50’s and appears to be comfortably middle class.

The relative went on to explain that she has had a few unexpected expenses lately to the tune of several hundred dollars per month. The expenses caught her off guard, she said.

At first I was flabbergasted. I felt horrible and greedy for demanding to be paid back. But mostly I was confused and saddened.

The extra expenses, though significant, should not be catastrophic to someone who has had that much time to save.

Then I got upset. She drives a late-model large SUV, one that is known to guzzle gas. And she goes out socially to the local pubs (she’s single) three or four times a week. (That’s about ten times more often than me, and I’m half her age!) How could my adult relative spend her money so irresponsibly? And why wasn’t she forthright with me? How is it okay to use your younger relative as a stopgap bank loan?

The relative said she would talk to her accountant and have him cash out some stock she inherited in order to pay me back. I could tell she was mortified.

I felt awkward, too. Incredibly awkward. I didn’t know what to say, so I didn’t say anything. I want her to get through this difficult financial time and I love her, but she has lost my trust.

On the other hand, it’s not as if I needed that money back right away… And where do I get off criticizing her lifestyle?

In the end, I decided it was probably less embarrassing for my relative to pay me back and put the whole matter behind us. The check is supposed to arrive via overnight delivery tomorrow morning.

I feel guilty. What would you have done?

One Year Ago Today

One year ago today I had no idea I’d be living in Northern Virginia. (But then again, I had no idea where I’d be. Maybe California? Or Wisconsin? Or North Carolina?)

One year ago today I wouldn’t have dreamed that I would quit my first job out of college after less than a year. (Let alone find a better one doing something I like.)

One year ago today I was single. (I still am.)

One year ago today I thought I was going to find a job in science. Or consulting. Or go to grad school. For more science. Or maybe business. Or computers.

One year ago today I didn’t know how much I could learn in a year without being motivated by a GPA. (Turns out, a lot more.)

One year ago today I couldn’t imagine being out to my mom. (A few weeks ago, for the first time, I told her about a date that went really badly. And she consoled me.)

One year ago today I said goodbye to close friends I knew I’d never see again. (Because that’s how These Things go.)

One year ago today I graduated college.

One year ago today I was scared.

Today I am confident. (Imperfect, but confident.)

In the course of a year, I have become a new person.

How have you changed in a year?

A Brief Update: Don’t Take Yourself Too Seriously

Burberry Brief Underwear

I know that you read about a lot serious stuff, like career development and personal finance. Chances are if you read this blog, there’s a decent chance you’re a fairly ambitious person who takes the future very seriously. You’re probably good with money and have your sights set on your next big thing.

But don’t forget to be silly sometimes.

I just received this Burberry underwear in a shipment from Saks.com. It was on sale, so I got 3 pairs at $8.40 each.

They’re kinda ridiculous. I mean, look at the plaid, really. Who in their right mind cares about name brand underwear? How many people will even see it?

It doesn’t matter. Sometimes you just have to do special things for yourself, even if it feels ridiculous. Especially if it feels ridiculous.

Just don’t lose sight of your big goals and you’ll be fine.

So go ahead and do something light-hearted and out-of-the-ordinary today. You don’t even have to spend money.

But you can’t buy underwear and blog about it, because that’s my niche.

Living with My Head in the (Digital) Clouds

As a full-time web worker, I sometimes forget that not everyone geeks out over the latest internet productivity tools.

For instance, many of my non-geek friends don’t really get the point of feed readers, no matter how often I extoll the virtues of RSS. “Rather than checking CNN.com fives times a day,” I say, “Wouldn’t you rather have all the top stories delivered directly to your reader? You’ll never miss an update!” (It turns out no, they wouldn’t. Too much thinking involved. But you should still subscribe to the Guppie Life’s feed, of course!)

iGoogle

The one site I cannot live without is iGoogle, Google’s customizable homepage. I’ve set up mine so that all of my essential web tasks are available with a flick of the mouse:

  • gCal for scheduling work and personal appointments and deadlines
  • Gmail for monitoring personal email (and also for when my coworkers confuse my work email address with my personal address)
  • a Weather forecast widget
  • Google Reader for monitoring industry news and commentary (and a few personal blogs)
  • a Bookmarks widget that stores sites I’d like to be able to access from anywhere in the world
  • Google Docs for collaborating on documents and spreadsheets in real-time with coworkers
  • a Sticky Note widget that serves as a To-Do list and a repository for brief reminders
  • Google Maps for getting around

What’s the point of all this? Couldn’t I just get email through Outlook/Thunderbird/Mail like everyone else? Couldn’t I just use iCal for my itinerary? And use Word and Excel for creating documents and spreadsheets?

It’s true, everything I have on my iGoogle homepage can be replicated using standard-issue software.

One advantage is that consolidating all of these common tasks in one place is an enormous time saver.

But the real beauty of iGoogle (and similar services) is in its accessibility. Anywhere I have an internet connection, I’ve got email, news, weather, calendar, notes, and more— all in one place. No more remembering 20 different URLs, user names and passwords. It’s the ultimate one-stop shop, and it’s called living in the cloud.

As I see it, there are two downsides to cloud-services such as iGoogle. For one, you’re entrusting some huge, faceless corporation with all of your personal data. Scary.

Also, you become way more valuable to identity thieves when you store your entire life under a single internet account. Could you even imagine what a person with malicious intentions could do to with access to your email and schedule? Even scarier.

Of course, there are a lot of other ways to live in the cloud. You’re doing it if you use Facebook to store your digital photo albums, for instance.

For me, the gains in my personal productivity are worth the risk. But what about you? Do you live in the cloud, too?

My Obnoxious Yuppie Savings Goals

It seems that every blogger worth his salt has a debt reduction plan, a budget, or a savings goal.

I’m extremely fortunate that I’m debt free at a stage of my life where many of my cohorts are burdened with student debt. (Thanks mom and dad!)

But that doesn’t mean I don’t watch my cash flow like a hawk. In fact, since graduating college I’ve become hyper-vigilant about my personal finances. It’s not because I’m now working without a parental safety-net— I’ve been in charge of my own money since I was a teenager.

No, no, the reason I have become obsessed with tracking my financial progress is that early on I set my sights on some lofty savings goals.

Max Out My Roth IRA

I’ve already maxed out my 2007 Roth IRA (and it was really easy to set up!), but 2008 is a third of the way over, and I haven’t contributed yet. Gotta get on that.

Deadline: April 15, 2009
Amount: $5,000

Max Out My 401k Match

I become eligible for my company’s 401k plan in June 2008. My employer matches contributions up to a certain point, but I must be vested for three years in order to keep all of the matched money. While I’m really happy with the new job so far, who knows what will happen in the next three years. Under this plan, I can choose a pre-tax traditional 401k or a post-tax Roth 401k.

Deadline: December 31, 2008
Amount: $2,000

Emergency Fund

I began building an emergency fund before I even moved to the D.C. suburbs for my first job. Right now I’ve got a pretty healthy amount sitting in an online savings account. I could use this money to fully fund my 2008 Roth IRA contribution and still have some padding left over, but for now I want to keep things liquid.

Deadline: Flexible
Amount: An additional $3,000

Hybrid Car Fund

My senior year of high school I paid cash for my current car, a 2000 VW Jetta. (Stick shift and turbo! Woot!) Before that I had a clunker that was a gift from my parents.

I’ve never gone into debt for a car before, and I don’t want to now. The Jetta has <60,000 miles on it because I barely drove in college, so I’m hoping it can last me another year, but it’s beginning to show its age. In the past two years I’ve spent approximately $3,000 in repairs.

silver Toyota PriusFor my next car, I’d like to get a used Toyota Prius or Honda Civic Hybrid. I’m not so concerned with the cost of fuel— I just want to make an environmentally conscious decision. Also, both cars have good ratings with Consumer Reports.

I will also consider cheaper (but fuel sipping) compact cars.

Deadline: Before my current car dies
Amount: Ideally $17,000, but realistically I’ll save as much as possible in order to reduce the amount of the loan

New Computer Fund

Apple iMacMy livelihood is made in the internet industry, and then I blog on my own personal website in my spare time. So yeah, I’m kind of a computer nut.

I’ve been an Apple fan-boy since I bought my PowerBook G4 laptop in October 2005, and I use a Mac Pro at work. I apple-solutely wouldn’t consider anything but another Mac, but the problem is that Apple products are more expensive than comparable PC’s.

As much as I love my PowerBook, it’s showing its age.

I could save money by opting for an iMac desktop instead of a MacBook Pro laptop, but I love the portability of a laptop. (Of course, I could get the desktop and keep my current fossil laptop for when I need the mobility…. decisions, decisions…)

Also, I will consider buying a refurbished machine.

Deadline: Flexible
Amount: $1,400 - $2,200

Plastic Surgery Fund

Chelsea Clinton Plastic SurgeryUpon reading this saving goal, many of you will scoff and promise never to visit this blog again. “How can he say that he’s trying to be frugal when he’s planning one of the most superficial indulgences money can buy? Is he really that shallow?”

I’m not going to make any apologies for wanting plastic surgery. For years I have been thoroughly unsatisfied with a particular part of my face, and I’m not the kind of person who can sit around and ignore problems that have actionable solutions. I’m doing the best I can with my body by going to the gym, but surgery is the only option for my face.

Who knows? Plastic surgery might even be good for my career.

In college, I told myself that I’d get the procedure as soon as I had the money. My mother said she’d pay for septoplasty— an operation to correct a deviated septum— but not cosmetic work. Still, her offer means I don’t have to choose between a legitimate health issue and my self-esteem.

Deadline: At the earliest, six months from now, after I’ve accumulated a sufficient amount of paid vacation
Amount: $5,000 - $15,000 (depending on the surgeon, severity of the issue, etc)

Total: $33,000 - $44,200

Crap, that’s a lot of money.