Robert Becker: Old-fashioned Responsibility At a young age, my grandpa Robert started practicing financial responsibility. He worked all through his childhood on his family farm. He would take care of pigs and chickens and also butcher them. He also tended to his family’s wheat fields. The small amount of money his parents gave him as wages were saved for a rainy day. My grandpa was never one to spend unnecessary money. After leaving his family farm in Wallace County, my grandpa went to technical school. This is where he learned the skills that would eventually propel him to financial security. He learned to service and repair International tractors. Upon graduation, he moved to Hoxie, Kansas where he got his first job doing tractor repair, …show more content…
This was not the idea of my Grandpa Robert. My grandpa attended a technical school and learned to repair tractors. This has led him to a career in which he has worked for nearly fifty years. In those fifty years, my grandpa managed to put five children through high and college or technical school. While I will not be attending technical school I will be saving money by attending a two-year college before transferring to a four-year university. By attending a community college and taking general education classes at around two-thousand dollars per year for tuition instead of around ten-thousand dollars per year at Kansas State or the University of Kansas, I will pay about a fifth of the tuition I would pay going straight to a four-year school.. Community college is the smart choice for smart students wishing to save money or go to college without taking …show more content…
I will take out the minimum amount possible in loans in order to keep out of debt. Scholarships are obviously superior to loans because loans require hefty interest to be repaid. A thousand dollar loan over twenty years could potentially be double or triple the value of the loan. After college, I still plan to live by my grandpa’s example. I will immediately begin to attack any debt I accumulated in college, working multiple jobs if I must, just as my grandpa did and taught me to do. Just as he worked to provide for my family and all their dreams I will work to provide for my family. In addition, I will practice what we have learned in class this semester. I will follow Dave Ramsey’s five foundations to financial success. As soon as I get out of college I will start saving as much as possible to start a three months of expenses emergency fund. Next, I will attack debt with all I can using the debt snowball method, paying off my smallest debts first and then contributing that money to bigger debts until I am debt free. Next, I will save and pay cash for all major purchases such as a car or a house. I will never pay for something unless I can pay cash for it. However, if I do need to get a house mortgage I will finance it with a fifteen-year fixed rate mortgage. This way I will never go into debt trying to pay for something. I will be able to save more money while still having nice things. Finally, I will
...accessible for all students. In his article, Murray states, “Employers do not value what the student has learned, just that the student has a degree.” (Murray 233) Similarly, employers often do not value where the degree is from, just that one has been achieved. Thus, community college is the quintessential choice to not only “break the norm” of a B.A., but to aid in financial stability while doing so. Addison’s counterargument strongly disagrees with Murray’s overall argument, that college is not necessary.
Community colleges have been tool used by many American students and families as a means of affordable education for better life for themselves and their children. Community colleges has played a big role in helping middle and lower income families who can 't afford to go to 4 years colleges ,the chance to educate themselves and their children. Community college was created in order to give basic liberal , technical and vocational education to all willing to be educated.
The two advantages are that you have more time to explore fields you want to study in and people who can’t afford college can get a college education. The two disadvantages are that there is a limited amount of majors and universities will have a higher expectation for two-year community colleges. In today 's society, there are many families that can 't afford college and have to take loans. The government should be able to take care of those needs. When people come fresh out of high school, a lot of people don’t usually know what they want to do with their life. There are reasons to why they might not offer particular majors at a community college such a budget and resources. Since community colleges would be free for people to apply to, it would be harder to transfer to a four-year
According to College Board “Between 2011-12 and 2016-17 tuition rose by 11% at public two-year colleges. So each year the tuition cost goes up at all colleges and will get more expense throughout time. According to Foster from “The Huffington Post” student loan debt in the US was estimated to be over $1.3 trillion dollars. Students having all these bills to pay can be super stressful for them and can make life difficult if they don't have the right job that they wanted. With havin free community college students can save a lot of money instead of gambling it with getting a college education. Even if life doesn't go the right path for some students that got the degree they wanted, but have no job won't be stuck with having to pay thousands of dollars for the school loans they would have to pay
Student loans are a trick to the mind and a trick to your wallet. When getting a student loan all the student thinks about is “Now I can afford to go to school”. The sad truth about that statement is that 90% of the people who get a student loan cannot afford school and they really can’t afford to pay the loan when they get out of school. David
Needing only a high school education, this was a common place for work in my small community as my father, James Lowe, also worked there for 28 years. Much like my mother he too came from a large family of 18 brothers and sister. So you can just imagine how independent and resourceful he was.
There are many differences between a traditional 4-year college and a 2-year community college. It has been shown that those who earn a high school degree or higher earn significantly more, so getting a college degree can greatly improve your quality of life. A 4-year school is the traditional option, and is highly respected by employers. However, college prices have risen greatly in recent years, making community college a more favorable choice. Community colleges provide cheaper secondary education, nearly free here in Oregon, and not having debt can be a great benefit, but they generally only provide 2-year degrees, which are less respected by employers. In addition to these two options, there are also trade schools, which are designed to
Most college students have daunting student loans. Besides the large student loans, students have to deal with a competitive job market. Retirement might be several decades away, but college students should still think about saving money and planning for retirement.
As a result of this project, I have learned that money is something that God gave us. It is not meant for us to waste, but is meant to bring glory to the name of God. We need to use the money that he has given us in a way that is pleasing to him. Some things that I would suggest as a result of this project is sitting down and looking at all the options you have for living and for a vehicle. Additionally, pray about what you want to buy. Don’t just go out to buy something that you think you may want, go out and buy something that will benefit the kingdom of God here on earth. The bible has a lot to say about how God wants us to use our money wisely. I have just enough information to analyze what God wants me to do and to be a financially sound Christian.
A true tale of two dads, one dad is a highly educated professor, the other, an eighth grade dropout. The educated dad left his family with nothing, except a few unpaid bills. The dropout later became one of Hawaii’s richest men and left his son a fortune. The educated dad would say, “I can’t afford it” while the other, asked, “How can I afford it?” Rich dad teaches the boys priceless lessons on money, by making them learn through experience. The most important lesson he teaches is to free yourself from the “rat race” of life and learn to make money work for you, and not be its slave. He knew that financial literacy would help prepare the boys for their life. Though one must have a job, Rich Dad taught the boys to eventually use your day job to begin minding your own business.
College is going to start my own life on a foot that is ready to leap because my career is going to take off right out of the gate. All-in-all I’m going to college for three main reasons. My immediate family is a reason because I want them to be proud of me for doing something right for once. My future family is also one because it’s a big part of my life that I want to be happy and always feel comfortable. Finally for my personal financial well-being, so I can be able to treat myself to all the luxuries I want for myself. Going back to line one, all of these things are a part of my future. Isn’t that what college is for after all, to prepare people for their own futures and what they bring? A university is not my future, it’s only the beginning of it.
Growing up, my parents weren’t well to do in a financial point of view. In fact, there was a point in their lives in which they were both in horrendous debt that affected the way we lived. This continued throughout my childhood and is still somewhat present till this day. Although divorced now, my parents, well, only my dad, is not the man that I would go to for financial advice. At one point, he was pretty much putting money in a paper shredder, watching it destroy our childhood bit by bit, paper by paper. On the contrary, almost all my cousins lived a financially stable childhood. In fact, they were all spoiled and given whatever toy they want, whatever new
My education and my Grandparent's education have been extremely different. My education has seemed to evolve around everything electronic; most of it has came from books and computers. My Grandpa said most of his education came from work. Grandpa graduated from high school in 1957. My Grandma did not graduate, but she received her G.E.D. in 1982.