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Students, Please Take a Gap Year

20th April 2018

Tired of university? Take a gap year

Yes I know, a gap year is traditionally known as a gap between high school and university. But more and more often now, people are taking gap years in the middle of their university years and before getting a job. I think it’s pretty awesome (yes I did take a gap year).

So what exactly do I mean by gap year? No matter when you’re taking it, it normally involves not studying for one entire academic year. This means you have one year to go out and experience the world. Some people go to a completely different country to work, some go traveling, some do volunteering, etc. It varies from person to person; you choose to what to do for an entire year!

Gap years shake you up a bit. They throw you into the real world, into a world where Mum and Dad aren’t always there to fix your problems and help you meet people. A world where you have to feed yourself, wash your own laundry and find a place to live. An exciting first step into the adult world.

Here are some other reasons every student should take a gap year:

It’s a break from studying

You’ve just spent around 13-18 years sat on a chair staring at a wall. It’s time for some movement. And I don’t mean getting up at 6 am to go for a hike - I mean getting out there. Getting out of your comfort zone and leaving your house, your town and even your country behind.

Studying hardens the mind. You get accustomed to learning through books, lectures and tutorials. You believe that there is one way to study and educate yourself and that’s what will get you your degree, your job and your future. Well nope. Education doesn’t just come from books, it also comes from people, from culture, from places. And taking a gap year helps you realise that there is a lot more to life than just studying and working.

 

You get to see the real world

My trip to China was the first time I ever left Europe. At first I was extremely excited: I was finally free and traveling the world. Then I got to China - everyone looked different, no one spoke English and I knew nobody. For the first time, I got scared. Fast forward 5 months and I made an amazing group of friends, spoke a bit of Chinese and had could use chopsticks like a ninja.

What I’m saying is that a gap year that throws you into another culture is the best way to get a good look at what the ‘real world’ is and compare it to your own culture. It’s like a reality wake up call.

Wait, not everyone eats with knives and forks? And not everyone cares about the Holocaust (there are Nazi symbols everywhere in China)? And people earn that amount of money in the corporate world?

When you start to understand that different people live in different ways, you realise you don’t have to be like everyone back home. You realise that you don’t even have to follow society’s standards if you don’t want to. Reality is that everyone’s different, and there is no ‘right’ way to live.

This is great help if you do your gap year after university - it will give you more ideas on your future, what you see yourself doing for the next 5 years and what it is you actually enjoy doing.

 

You develop cool skills

Not only could you learn a new language and some cultural knowledge, but learn some great social skills.

Before my gap year I was this shy, insecure girl who had a lot of pent up frustration, sadness and ignorance inside of her. I had no idea what I was doing, what I wanted to do, what was right and what was wrong. During my gap year I learnt how to talk to strangers, how to make good friends and survive completely on my own.

Moving to another country to work/travel/volunteer helps you build the skill of adaptation, of coping with language barriers and making new friends. You need to learn how to deal with this new currency, new living arrangements and different type of work. You suddenly realise you need to go out there and meet people. At first it’s scary, but then you realise that they’re just like you: trying to make friends.

This helps build confidence. You know how to talk to strangers, how to have a conversation and build a relationship. A very valuable skill, no matter which degree or job you’re going into.

 

yay I can talk to humans!

 

You learn about the stranger

Who’s the stranger? You.

I knew nothing about myself before taking a gap year. I didn’t care, I didn’t want to know, a part of me was even slightly ashamed I existed. Traveling and working for one year taught me more about myself than the 17 years of my life.

Why? You learn how you respond to different situations and how you deal with them. You learn what kind of people you’re attracted to, what you appreciate in a culture and what gets you excited. And best of all, you learn what you want/need to improve on. ‘Oh, so I get awkward talking to other young people on planes. Next plane ride, I’m doing it!’

All these years of school separates the student from their identity. Too many times you’re just a number, a person who will get x grades and will graduate on x year to then go and work at x job. But you’re much more than that; you’re someone who has thoughts, opinions, ideas and dreams. And taking that gap year will help you develop those.

I didn’t know I was into finance until someone I met in Shanghai recommended me a book (Rich Dad Poor Dad), which I then read in one night and immediately proceeded to change my life. What if I hadn’t gone to Shanghai? What if I hadn’t taken a gap year? This website wouldn’t exist, and neither would many of my current ambitions.

And you know how important it is to get to know yourself: you are the person who will be getting a job! You are the person who will have a life and enjoy it! Better get to know that person before it gets old and doesn’t care.

 

You suddenly stand out

You’ve developed all these amazing skills, you’ve seen amazing places and you now know what you want to work/study in. You can’t say that won’t be attractive to an employer.

If you were working/volunteering abroad, it will look great on your CV. It demonstrates that you have developed the skills I mentioned before: ability to adapt, ability to try something new, ability to be different. These are all skills companies value and will take into account. And if you feel they won’t, I wouldn’t apply for that company in the first place (boring!).

More and more people are taking gap years in the UK, so you may be thinking ‘how do I stand out if everyone else is doing them?’. That’s the beauty of gap years: you get to choose how to do it. No two gap years will be identical - everyone will learn different lessons, will develop different skills and will come back a different person. So don’t worry about not standing out.

 

You develop amazing relationships

The last but not least amazing thing about gap years is the relationships you will make.

In my case, it was with other expats. We’re all trying to survive in this unfamiliar country with a completely different language, habits and writing. It creates very strong bonds with people, and I’m still in contact with many of my friends from over there.

No matter what you decide to spend your gap year doing, you will meet a huge variety of people, because you’re traveling! This huge variety means that you’re more likely to meet someone you get on really well with, creating a long lasting friendship.

The strange situations you find yourself in, the funny experiences, these are all things that build strong relationships with people. And these are the friends who help you get to know yourself, who will help you develop your opinions, ideas and dreams. And they may even go on to help you find a job (#networking). Keep those friends.

 

have friends so you can take cringe pictures like these

 

I haven’t met a single person who says they regret taking their gap year. And you don’t have to spend a ton of money to do it - there’s au pairing, workawaying and many work-study programs. You could probably do it for free if you hustled a little.

Everyone gets something valuable from that year off, whether on purpose or not. You finish that year refreshed, with a new set of skills, a better understand of what you want to do and with great memories and friends. For this reason I say: PLEASE take a gap year. Do it for yourself - you’ll be forever grateful.

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Financially Mint is on another break! ☕ I will Financially Mint is on another break! ☕
I will be living in Kuala Lumpur, Malaysia for the next few months, and then hopefully heading to Australia. 
My plans for the next year:
I'm putting the career testing theory into practice. My next career test is working for an NGO here in Kuala Lumpur. This week will be my first week. I will be working with sex trafficking survivors and I've also been asked to do some financial education presentations to help the staff.
After that the plan is to move to Melbourne, Australia, and do my next career test: consulting. If that doesn't work out I will try another career test which may be more achievable: business development in a startup. Thanks to the amazing career books that I've read, I'm pretty confident I can get an interesting job. We'll see how it rolls. 🏀
How am I funding this? I'm very excited to say that I've managed to grow my part-time freelancing income to a full-time income that can sustain me in South East Asia (I would need to work full-time in Europe). I'm calling myself a 'Freelance FinTech Writer'. Rent is crazy cheap (like 300€/month) and it's literally cheaper to eat out than cook. I'm still able to save 15% of my income. 🎉🎉 The increase in clients and pay has been thanks to all the effort I put into Financially Mint, and to some crazy cold emailing and networking in the past few months. 
After some thought, I concluded that learning mark-up language (HTML + CSS) was a more efficient use of my time than writing blog posts and working on FM... so I am now taking a break to learn some basic coding and decide what to do next.
I will still be podcasting and taking part in the FI community on Twitter and everywhere else... so I'll still be seeing you around 😉
To our success 🎉🎉
Only 30% of jobs are posted online. 🙄 Let's sa Only 30% of jobs are posted online. 🙄
Let's say you've got a list of career paths to test. You've figured out a direction, you know which sector you want to work in and you've got some cool companies in mind.
But then what? How do you get an internship in the company you really want to work for? How do you get a job in that specific NGO? How do you get them to notice you? 🤔
In FM's latest post I share a strategy that I am still testing but seems to work - copied from a book titled 'Designing your Life' by Bill Burnett and Dave Evans:
The strategy: Conducting 'Life Design' Interviews. .
A Life Design Interview is basically meeting the person that has your 'dream career' for coffee. ☕
You find someone who is working at the company you want to work for, in the sector you want to work for or simply has a position you're interested in, and you reach out to them (LinkedIn helps). You ask about their story, their position, how they got to where they are and their advice to people starting out. 
This is what I've been doing for the past month in Edinburgh, and of the 40 people I contacted, I met 8 of them for coffee, my goal to simply learn about their story.
With an added bonus: Trust. ✅
Not only did I learn stuff about working in a startup, or as a content writer or working in an NGO, but I also built a trusted connection. It's those connections that help you find the hidden jobs, the dream careers and the best opportunities.
Check out FM's latest post for a proper run down on Life Design interviews. 💪 (Last week we organised the FI Europe podcast retreat! An amazing 4 days doing speeches, masterminds, debates, boat trips, beach and surfing. Post on this coming soon 🔥)
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#financiallymint #budget #budgeting #personalfinance #savinghacks #makemoney #savemoney #money #shoestringbudget #moneyhacks #moneysavinghacks #financialeducation #financialfreedom #adulting #savingtricks #earnmoney #lifeadvice #counsel #careeradvice #retirement #investing #careerbuilding #skillbuilding #career #selfimprovement #inspiring #fieurope #lifedesign #interviews
Investing in yourself now will return bucket loads Investing in yourself now will return bucket loads in the future. 🔮
I talk a lot about this on Financially Mint - how taking the time to build career capital and explore career paths will allow you to find a career of best personal fit, which will then make you the money you need.
But it is true that I am personally at the very start of this journey, and so can't offer many examples of this working. 🤷‍♀️ Well today, this changes as I interview the Financial Gladiator, who did exactly that.
He went to university to study business in Poland, and finished his masters in Australia. In the meantime, he was doing internships, making connections, building skills and beefing up his portfolio. 
He says it himself: ' I always looked to add experience and skills to my repertoire rather than dollars' 💸.
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7 internships later in several different countries and industries and a lot of hustling, moving around and learning about what career fitted him best, FG ended up in a job that paid him a six figure salary. This kept on snowballing, and in his early thirties he hit a salary of over $500,000. .
That goes to show how much investing in yourself can return in the future.
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$500,000 annual salary doesn't need to be your goal, but it still goes to show that you'll make the bulk of your money after investing in your own career. 📈
A great interview filled with actionable career advice and FG's complete story, check out FM's latest blog post! (Edinburgh castle 🔥)
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#financiallymint #budget #budgeting #personalfinance #savinghacks #makemoney #savemoney #money #studentmoney #studenthacks #studentlife #shoestringbudget #moneyhacks #moneysavinghacks #financialeducation #financialfreedom #adulting #savingtricks #earnmoney #lifeadvice #counsel #careeradvice #retirement #investing #careerbuilding #skillbuilding #career #selfimprovement #inspiring #work
Most of us don't know what we want to do in our tw Most of us don't know what we want to do in our twenties 🤷‍♀️. And that's absolutely normal.
But that's why we don't want to be committing to one thing - who know what you might want to do in 5 years? 🧐
Instead of committing, why not be exploring, investigating and testing career paths. But how can you do this cleverly without being a typical 'millennial-career-hopper'? By building career capital at the same time.
This means that every career test you do will help you build skills, connections and a more solid portfolio. If you have no idea where to start, here are some examples of jobs/activities that can help you build career capital:
1. Working for a growing organisation with a growing performance: this could be consulting, a startup - anywhere with a good mentor and team 👨‍👩‍👧‍👦
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2. Graduate studies - for those who want to work in research, a think tank, etc.
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3. Building a valuable and transferable skill - skills such as writing, programming, designing, data science, etc will always be useful in the future 💻
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4. Creating content - you don't always need a shiny piece of paper or a medal to show that you've done something. Creating your own thing can be just as useful.
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And much more amazing career advice... in FM's latest blog post 🤓
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(I’m running out of pictures to post so here’s one of a beautiful evening in Edinburgh) .
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#financiallymint #budget #budgeting #personalfinance #savinghacks #makemoney #savemoney #money #studentmoney #studenthacks #studentlife #shoestringbudget #moneyhacks #moneysavinghacks #financialeducation #financialfreedom #adulting #savingtricks #earnmoney #lifeadvice #counsel #careeradvice #retirement #investing #peoplemanagement #skillbuilding #career #selfimprovement #inspiring #work
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