Financially Planning For A Career in Graphic Design, Understanding + Design
In this lecture I attempt to frame up a potential path for your financial future in graphic design, and what that might look like in terms of actual salary figures, dealing with debt, and planning for retirement. All of the information in this talk applies generally to any career, but the examples specifically in use regard a career in design so you can learn from example what you could expect as you start down this path. Apologies for any repetition or stammering, I had given this lecture 2 times in a row prior to recording this all in 1 night, and my brain and voice were a bit fried and I wobble in-and-out-of-frame a lot.
Key Takeaways
• SAVE: To the extent you can, save as often and as much as you can, as early as you can.
• INTEREST: Pay attention to how compound interest can help and hurt you.
• AVOID DEBT: Whenever possible only spend what you have.
• LEARN FROM ME: Acting now could honestly be a $700,000 decision. It’ll just take a while to pay off.
Links and references for additional research:
Adam Carroll - When money isn’t real: the $10,000 experiment:
• When money isn’t real: the $10,000 ex...
Last Week Tonight - Retirement Plans:
• Retirement Plans: Last Week Tonight w...
Fiduciary Rule:
https://www.marketwatch.com/story/is-...
The Death Of The American Pension:
https://www.mybudget360.com/death-of-...
Glassdoor.com Graphic Design:
https://www.glassdoor.com/Salaries/gr...
Last Week Tonight - Automation:
• Automation: Last Week Tonight with Jo...
Roth IRA Rules (Vanguard):
https://investor.vanguard.com/ira/rot...
Retirement Savings Checkpoints:
http://jackrabuck.com/2016/08/03/reti...
Dave Ramsey - Compound Interest (Ben & Arthur Example):
• Dave Ramsey: Wealth Building and Comp...
Index Funds - Active Vs. Managed Funds:
https://www.thebalance.com/index-fund...
Warren Buffet Wins 1 Million Dollar Index Fund Bet:
https://fortune.com/2017/12/30/warren...
Orlando The Cat Picks Good Stocks:
https://www.forbes.com/sites/frederic...
Loan Payoff Calculator (With Extra Payments):
https://www.calcxml.com/calculators/e...
How To Live Within Your Means:
https://www.thebalance.com/ways-to-li...
Harold Pollack - The Index Card:
https://en.wikipedia.org/wiki/The_Ind...
Reddit Personal Finance:
/ personalfinance
National Labor Relations Act (You Can Discuss Your Salary With Others):
https://www.nlrb.gov/how-we-work/nati...
