Save and prosper

It’s time that we had a serious talk Winthrop: a talk that many have had with your parents a time or two. No, I’m not here to preach to you about safe sex, alcohol or drugs. Today’s topic of interest is money and how it is spent.

Some students have jobs, some don’t. Others get money from their parents and still others are always broke. Nothing is wrong with any of those options; however, anyone who has income needs to remember one thing. Situations don’t change by constantly doing the same thing over and over again. For those of you who work, if you happen to be dropping the vast majority of your paycheck every week it might be time to look at what you’re buying.

Saving money is the way to prepare for the future. It’s how you really get ahead in life and a good practice in general. College students are at an age where they have enough independence to do as they please with their time and money, but still maintain a safety net should they slip up– at least most do. A lot of students will abuse that, making sure their money is gone as quickly as it hits the hand and spend it on impulse buys.

Come on, we’re not children anymore and living that way is a quick way to end up in terrible situations. Many people in the United States today are forced to live paycheck to paycheck simply because of low paying jobs and the cost of living today. College students, on the other hand, are here to learn, develop skills and, if possible, start funding the rest of their lives.

Winthrop, don’t fall into this notion that money will burn if you let it sit.  Trust a bank with your hard-earned dollars, store at least 50 percent of your paycheck and watch it rise on interest as well. There’s no shame in eating at Thomson instead of Digs, just like there is no shame in enjoying a night in with friends instead of going to a club.

Save now and thrive later, don’t end up leaving college penniless. Don’t be another statistic in the red.

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2 Responses

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  1. Lilly Baker
    Mar 22, 2014 - 03:40 PM

    Oh, no way, dude! I’m also from Aiken, SouthCarolina, which is also a little town in South Carolina in the north of South Carolina. Having always been fom South Carolina; in the north though; understanding where South Carolina is on the map of the United States of America. Currently I’m writing a comment on an article, hoping for you to present more views on controversial topics like Abortion, and the fact that you don’t write about those things.

    Reply
    • Jacob Wingard
      Apr 14, 2014 - 07:49 PM

      Hey Lilly!

      Good to see another Aikenite around this part of the world. I actually wrote about abortion in the past and lately there hasn’t been a good segway for it. I believe you can find it in the archives though! Regardless thanks for the input.

      Reply

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