Graduation season is on the horizon. This time of year is often a frenetic time for students and their families, with the promise of celebrations to come. Graduation is preceded by prom for high schoolers, and for those bidding farewell to the hallowed halls of higher education, it may mean last-minute interviews and pre-commencement résumé-building. This whirlwind of activity culminates in a degree or diploma to wrap up years spent in the classroom.
Graduates have many things to look forward to this time of year, not the least of which are gifts from close friends and family. Those tasked with coming up with graduation gifts can take inspiration from these ideas that break the mold.
• Retirement account funds: Helping a new graduate get started is a popular sentiment among gift givers, but it’s also possible to give grads a leg up on the future. Helping them to fund an individual retirement account can be a thoughtful gift. Keep in mind that parameters for IRAs differ between a traditional and a Roth IRA, and it is best to speak with a financial advisor to determine the best fit. Starting a retirement account early on can provide solid footing for financial security later in life.
• Quality luggage: A good set of luggage can often last a person a lifetime if properly cared for. Whether the grad is taking a much-needed trip after graduation or will be traveling for his or her career, the luggage will serve well.
• Student loan interest payment: Many students must rely on federal or private loans to offset the costs of attending college or even trade schools. Although a loved one may not be able to pay off the loans in their entirety, a good gift can be to make payments toward the interest on the loans so that the bill is reduced come graduation.
• Roadside assistance service: The road may take graduates near and far. A membership to a roadside assistance service can be a practical gift that ensures grads get from point A to point B with fewer hiccups. These services offer towing, tire changing, gas delivery, and more. Plus, they often come with additional perks, such as discounts on travel services and lodging.
• Professional course or tickets to a conference: Help support a graduate’s career growth and professional development with a subscription to a course, a book about their industry or tickets to a relevant conference or trade show.
• Travel: Grads can be treated to the gift of travel. An overseas adventure or an epic road trip across the country may be the perfect way to unwind after years of schooling.
Graduates are entering an exciting time in their lives when anything is possible. Gift givers can think outside the box when shopping for their favorite cap-and-gown-donning loved ones.
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