Great Gifts for New Grads: Financial Wisdom and Thoughtful Presents
Great Gifts for New Grads: Financial Wisdom and Thoughtful Presents
Graduation season is here, and it's time to celebrate the achievements of our new grads as they step into the next chapter of their lives. Whether they're finishing high school or college, a thoughtful gift can help them transition smoothly into their new phase. At ICCU, we have a few gift ideas that combine practicality with financial wisdom to set them up for future success.
A Savings Account
A savings account is a fantastic gift that encourages good financial habits from the start. By opening a savings account with ICCU, you can help your grad learn the importance of saving money and managing their finances. It's a gift that grows with them and provides a secure place for their funds.
Gift Cards
Gift cards to their favorite stores or online platforms can be a great way to celebrate their achievements. It gives them the freedom to choose what they need, whether it's for dorm essentials, textbooks, or a treat for themselves. Consider gift cards for:
Amazon
Target
Starbucks
Local restaurants or cafes
Budgeting Tools
Help your grad get a head start on financial independence with budgeting tools. A subscription to a budgeting app or a physical budgeting planner can help them track their expenses and manage their finances effectively. Apps like Mint or YNAB (You Need a Budget) are great for tech-savvy grads.
Financial Education Books
Knowledge is power, and providing your grad with books on personal finance can be incredibly beneficial. Some excellent choices include:
"Rich Dad Poor Dad" by Robert Kiyosaki
"The Total Money Makeover" by Dave Ramsey
"I Will Teach You to Be Rich" by Ramit Sethi
A Certificate of Deposit (CD)
For a more structured savings plan, consider gifting a Certificate of Deposit (CD) from ICCU. It offers higher interest rates than a regular savings account and can be a great way for your grad to earn more on their savings. Plus, it introduces them to the concept of long-term saving.
Professional Attire
Entering the professional world often requires a wardrobe upgrade. Consider giving your grad a gift card to a store that sells professional attire, or even take them shopping for some key pieces. A well-fitted suit or a pair of quality shoes can make a great impression at job interviews and in their new career.
Tech Gadgets
Graduates heading to college or starting a new job can always use tech gadgets. Think about items that can aid their productivity and comfort, such as:
A reliable laptop or tablet
Noise-cancelling headphones
A portable charger or power bank
A smartwatch
Travel Vouchers
For those grads planning a gap year or just a well-deserved vacation, travel vouchers or airline gift cards can be a fantastic gift. It gives them the freedom to plan a trip and create lasting memories before diving into their next big adventure.
Personalized Gifts
Consider something personal that commemorates their achievement. This could be a custom piece of jewelry, a framed photo, or a monogrammed item. Personal touches show that you recognize their hard work and are proud of their accomplishments.
Graduation is a milestone worth celebrating, and choosing a gift that combines practicality with a personal touch can make it even more special. At ICCU, we're here to help you support your new grad with financial products designed to set them up for success. Whether it's a savings account, a CD, or financial education resources, we have the tools to help them build a strong financial foundation.
Congratulations to all the new grads and their families!
Isabella Community Credit Union ∙ 989∙773∙5927