With high school and college graduation right around the corner, one of the big questions you may be asking to what to buy your graduate on their special day. You can certainly splurge on a fancy dinner, but there are some really cool ideas out there for less than a $100. Here is my short smart money moves guide to graduation day.
- Get Them A Budget- www.youneedabudget.com (YNAB) will only cost you $60, but could help your graduate save thousands for the years to come. Think about whether or not you want them to me moving home. The sooner they learn good budgeting habits, the better of you will be.
- Netflix Subscription- There are all kinds of different subscriptions you can get including Amazon Prime, but if since many young adults are skipping TV altogether, this can be an excellent low cost idea to give them for their first real year on their own.
- The Dollar Shave Club- For just $6 a month, you can sign up for the 4x which is the medium level for Dollar Shave Club Blades. Since you’ll be under $100 with room to spare, you can buy your graduate some shaving cream and extras on the website.
- Phonesoap- www.phonesoap.com – The website boasts that our phones are dirtier than our toilets. Whoa! For just $59, you can get one of their fancy cleaning devices to make sure your phone gets rid of germs at the end of every day.
- Beats By Dr. Dre Solo 2- There are some very expensive versions of Beats, but the Solo 2 is only $89.99 and headphones are all part of the rage today for younger people. A nice pair of headphones like this can be used by your graduate for many years to come.
- Buy a YETI– Yeti coolers and mugs are one of the hottest trends amongst young people today. Buy your graduate two 30oz rambler tumblers and you’ll still stay under $100 bucks. These can be used for something hot or cold no matter where your graduate ends up settling down.
Written by:
Ted Jenkin
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Ted Jenkin is a frequent guest columnist for the Wall Street Journal and Headline News Weekend Express. He is the co-CEO of oXYGen Financial. You can follow him on LinkedIn @ www.linkedin.com/in/theceoadvisor or on Twitter @tedjenkin.
