February 2005

Michigan News

Michigan students are known for activism. So when the tsunami tragedy struck in South and Southeast Asia, two U-M undergraduates went to work. LSA seniors Beth Bovair and Hershey Jayasuriya worked together to form Tsunami Aid, a group that acts as a resource for other student organizations to collaborate in coordinating tsunami aid events on campus. On Friday, April 1, Tsunami Aid will host a battle of the bands on campus with ticket sales going to tsunami charities.

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In the Know

If you’ve got a job, life is good. There’s nothing like a steady income—but what if you were laid off tomorrow? In a shaky economy, it’s good to plan for a rainy day. Start building an emergency fund now without putting a big dent in your lifestyle. Here’s how:

• Put a portion of your paycheck away every time you get it. It doesn’t have to be a lot—5 percent is better than nothing. Just don’t touch it for any reason.
• Use an interest-bearing savings account, a certificate of deposit or a money market fund to save your money. Visit www.fool.com or www.sharebuilder.com for information about bank accounts, bonds and dollar-based investing.
• Create a spending plan—save a bit of money here and there by bringing your lunch to work or renting a movie instead of heading to the theater.
  

Association News

Save money on things you purchase all the time—movie tickets, video and DVD rentals, online shopping, tickets to sporting events and more! Alumni Association members receive free access to Working Advantage, an online benefit provider that offers valuable discounts on Blockbuster and Hollywood movie rentals, movie tickets, magazine subscriptions and much more. Just a few purchases will save you enough money to cover the cost of your Alumni Association membership. To get started, visit www.workingadvantage.com and enter the Alumni Association's company member ID. If you don't already have the ID number, email the Alumni Association at m.alumni@umich.edu (be sure to include your name, address, email address and member ID #, if available) or call 800.847.4764.

Career

Countless career experts cite networking as one of the top tools for advancing one’s career. Why not take advantage of your U-M connection to network? This spring, the Alumni Association will host Michigan Alumni Networking Nights in eight major cities, bringing the powerful Michigan network to alumni where they live. Each event features a prominent speaker ranging from Google cofounder Larry Page, ’95, to Monster founder Jeff Taylor. Attendees will also have the opportunity to meet other Michigan alumni working in a wide range of industries. These events are a great way to hear an engaging speaker, expand your network and get a taste of Michigan. We’ll be in Boston, Chicago, Detroit, Grand Rapids, Los Angeles, New York, San Francisco and Washington, DC. Register today!

Don’t just turn to one resource when conducting a job search. Diversify your efforts and you’re likely to reap greater rewards. Be sure to check out the job board at the Alumni CareerPort for employers seeking Michigan grads. Also visit CollegeGrad.com, a Web site that houses entry-level job postings and other valuable information for recent graduates.