{"id":2355,"date":"2016-03-26T10:00:45","date_gmt":"2016-03-26T17:00:45","guid":{"rendered":"http:\/\/blogs.pugetsound.edu\/econ\/?p=2355"},"modified":"2016-03-25T16:17:03","modified_gmt":"2016-03-25T23:17:03","slug":"the-anything-you-can-do-with-an-economics-degree-part-1-financial-advising","status":"publish","type":"post","link":"https:\/\/blogs.pugetsound.edu\/econ\/2016\/03\/26\/the-anything-you-can-do-with-an-economics-degree-part-1-financial-advising\/","title":{"rendered":"The \u201cAnything\u201d You Can Do with an Economics Degree Part 1:\u00a0 Financial Advising"},"content":{"rendered":"<p>For many graduating seniors, having a job or grad school admission lined up before you graduate is an important and stressful task.\u00a0 Seniors are faced with finishing their thesis, handling their regular academic responsibilities, applying for jobs or to grad schools, and still enjoying their last year or last semester with friends they\u2019ve made along the way.<\/p>\n<p>For senior economic students, things are no different.\u00a0 However, as we go through the process of sorting out the beginning of our \u201creal lives\u201d, a lot of us hear this: \u201cOh, you\u2019re graduating with an economics degree, you can do anything!\u201d<\/p>\n<p>Not as comforting as it sounds.<\/p>\n<p>Anything sounds great, but what is anything?\u00a0 Over the next 1-2 weeks, I want to explore what the \u201canything\u201d actually is for many Puget Sound economics graduates.\u00a0 This week, as the majority of our economics graduates go into finance, I want to look into financial advising.<\/p>\n<p>What is financial advising?<\/p>\n<p>As defined by <a href=\"http:\/\/www.investopedia.com\/terms\/p\/personal-financial-advisor.asp#\">Investopedia<\/a>, a personal financial advisor is a\u00a0\u201cprofessional who help individuals manage their finances by providing advice on money issues such as investments, insurance, mortgages, college savings, estate planning, taxes and retirement, depending on what the client requests help with.\u201d<\/p>\n<p>Essentially, a personal financial advisor can help their clients understand complex concepts related to their investments by explaining them in a simple way and providing educated professional insight.<\/p>\n<p>Why is an economics degree advantageous in financial advising?<\/p>\n<p>Even if you have not studied finance, economics provides an understanding of money, markets, and rational decision making that is extremely applicable to financial advising.<\/p>\n<p>Financial advising is just a tiny portion of the &#8220;anything&#8221; economics students can do with their education, part 2 on economic consulting coming soon.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For many graduating seniors, having a job or grad school admission lined up before you graduate is an important and stressful task.\u00a0 Seniors are faced with finishing their thesis, handling their regular academic responsibilities, applying for jobs or to grad schools, and still enjoying their last year or last semester with friends they\u2019ve made along the way. For senior economic students, things are no different.\u00a0 However, as we go through the process of sorting out the beginning of our \u201creal lives\u201d, a lot of us hear this: \u201cOh, you\u2019re graduating with an economics degree, you can do anything!\u201d Not as <a class=\"more-link\" href=\"https:\/\/blogs.pugetsound.edu\/econ\/2016\/03\/26\/the-anything-you-can-do-with-an-economics-degree-part-1-financial-advising\/\">Continue reading <span class=\"screen-reader-text\">  The \u201cAnything\u201d You Can Do with an Economics Degree Part 1:\u00a0 Financial Advising<\/span><span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":501,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-2355","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/blogs.pugetsound.edu\/econ\/wp-json\/wp\/v2\/posts\/2355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.pugetsound.edu\/econ\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.pugetsound.edu\/econ\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.pugetsound.edu\/econ\/wp-json\/wp\/v2\/users\/501"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.pugetsound.edu\/econ\/wp-json\/wp\/v2\/comments?post=2355"}],"version-history":[{"count":1,"href":"https:\/\/blogs.pugetsound.edu\/econ\/wp-json\/wp\/v2\/posts\/2355\/revisions"}],"predecessor-version":[{"id":2356,"href":"https:\/\/blogs.pugetsound.edu\/econ\/wp-json\/wp\/v2\/posts\/2355\/revisions\/2356"}],"wp:attachment":[{"href":"https:\/\/blogs.pugetsound.edu\/econ\/wp-json\/wp\/v2\/media?parent=2355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.pugetsound.edu\/econ\/wp-json\/wp\/v2\/categories?post=2355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.pugetsound.edu\/econ\/wp-json\/wp\/v2\/tags?post=2355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}