Preview

College Saving Research Paper

Good Essays
Open Document
Open Document
597 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
College Saving Research Paper
College Saving Essay
Why is saving for and attending college important to you and your family? Have you ever saved money for something or watched another person save? Describe what you learned in the process of saving or what you learned from watching the other person. How will you apply what you learned in order to achieve your savings goal with this scholarship?
College is extremely important for my family and I. Once I get my job over the summer if time allows then I committed myself to save 10% of the money I earned for college. I’ve watched my family saved money over the years for vacation.
Attending college is my number one priority. Once I attend college then I will be one of the first to go to college from my sibling. I become the first to go to college then it will set a good example for by four younger siblings. It will let them know that money can’t stop anything and that money can’t interfere with their goals and dreams. My parents came to America from Sudan as refugees they always are saying that they want the best education and the best life for my siblings and I. My parents want us to experience things that they couldn’t have in Sudan. On the other hand, saving for college is also important for my family and I.
…show more content…
It took me about five months to save for the Garmin Forerunner 15 it was about $60. Last semester I achieved a 4.0 GPA, and every time if I achieve a 4.0 or 3.9 GPA then my parents would give me $25. During the holidays my family members would give me money and I save the money and not spend it like my sisters did. I learned during the process that if I want something really bad then I would have to wait for it. I also learned that I need to plan for the future and get in the mindset that I will be saving money in the future. Last but least, I learned that I need to START NOW what I mean by that is if I want something really bad then I should start

You May Also Find These Documents Helpful

  • Satisfactory Essays

    You're in your first year of college, and already you can see how much it costs just to attend. There are so many things you have to pay for, such as tuition and books. Your wallet may be feeling the crunch, but you don't have to worry. Here are a few tips for the college student who wants to save money.…

    • 435 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    One of the most important decisions of my life was when I decided to go back to school. I had to take in consideration…

    • 437 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Elliott Williams explores the effects of having a college saving and its studies, Studies show that students who come from parental who save for their children’s education were supposed to be more likely to graduate with less debt than a student who did not. The article even discussed the difference in private colleges and public university cost and how financial aid is a resource that more students need to familiarize their self with, studies continue to show that school and place play as a factor in finances in college students. William explains how this “education savings” effects their students in the long run. Williams then further concludes that the difference in student debt isn’t as big dollar wise if not adequately funded doesn’t contribute…

    • 273 Words
    • 2 Pages
    Good Essays
  • Good Essays

    If your desire and want, is strong enough it is worth it to save up enough money, and pay for it with cash. Although this sounds great, sometimes it isn’t all that achievable. The idea of it is that if you save up more money for an item such as a house, car, or television that you will borrow less from a bank or credit card. The scary part about borrowing from lenders is that they charge a large sum of money in interest, so in the long run you’re essentially spending more money out of pocket. Another big reason to save is when buying a house, it is important for you to at least have enough cash for a down…

    • 519 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Bloch Scholarship

    • 526 Words
    • 3 Pages

    The past year has been very difficult in my family because my father got cut off of his good paying job which covered most bills, but recently I was able to work more often. I put less stress off my parents shoulders by helping them with things they needed around the house. We were able to get back on their feet at least but this Bloch scholarship would be a Financial saver towards my parents because I don't want my educational goals make them struggle. I want to be able to help my parents and already give back to them. To do that first I will have to go to college to be able to get a good paying job. Also secondly it will allow me to get situated with being out of high school and moving on into college. I know it will help me get comfortable since I can move on into a bigger college with more students in a classroom by time.…

    • 526 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Budget Journal Assignment

    • 500 Words
    • 2 Pages

    Education is very important, but also the budget is important too. What I realized is that we can’t avoid student loans, but also I need to learn how not to get over budget, and later on will be difficult to pay the student loans. The best way to avoid paying a large amount of student loans is by getting as much as we can Pell grants and scholarships.…

    • 500 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    In a world.... where college tuition cost as much as two Mercedes-Benz C-Class per year. One website stands up to the tyranny of educational cost.…

    • 152 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    My second plan for this summer is to get a job. I will probably work in the field, this is important to me because I am going to gain more abilities. Also I want to earn my own money to start saving some to pay for my college. One of the traditional forms to pay college education is savings. It is generally assumed that I will use saved money as part of my financial strategy for getting through college. College is incredibly expensive, tuition prices are increased every year. The only other options are loans and scholarships. Taking on too many college loans is one of the leading causes of early debt among people new to the work force. I do not want ask for a loan because I do not think I can be capable to pay my payments, so I need to save some money to stay really.…

    • 150 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Another good reason why College Education is so important to me so I can be a Motivation for my younger sibling also nieces and nephew to see me “FINISHED” College to persuade them to follow in my footsteps to help them in their own lives, and be a inspiration for them, so that one day they realize that its not as hard as some people make it seems, that if you put your mind into it and have faith anything is possible…

    • 645 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    I want to prove to my younger family members that it is possible to go to college and graduate no matter your circumstance. The route that my college career is going I will be able to show people that they need to prepare themselves for the hard work and dedication to be able to be in as little debt as possible. If any of my younger family members look up to me, like I hope they will in the future, I could then talk to them about all of the mental toles that come with procrastinating the process of preparing yourself for college. This has to do with how I prepared myself to be in debt. I knew to be able to make more money in my life I would first have to put myself in debt to get the experience needed for those good paying jobs. But with all of this preparation of saving up and making sure I go to the right school for me, it allows me to put myself in the best position for the future, that simple idea of putting yourself into the best place for the future is ultimately what I want to teach my younger family…

    • 625 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    This issue is very close to me because I am attending college, along with many of my friends and hearing about their struggles with paying for college is something I hear about often and is something I constantly think about. Some of my friend’s parents are paying for their education and this is a great help to the students but this causes a strain on the parents and can make them decide to pull money out of their retirement (carpenter).…

    • 1533 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Intro to Writing

    • 662 Words
    • 2 Pages

    My main reason for wanting to go to college is that I wanted to have a better life. I didn’t want to live my life, paycheck to paycheck, and worrying about weather or not, I am going to have enough money to pay to keep a roof over my head. My parents never went to college, and while they both have decent jobs, and make Okay money, its still would be easier for them, if they had gone to college, but they did not have the opportunity that I did. Not everyone can go to college to better themselves, but I was a lucky one, and I am blessed that I am getting a chance to make a better person out of myself, by going to college. College is important to me. I am the 1st one in my immediate family to go to college so it’s a big deal to everyone. I just do not want to let them down.…

    • 662 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    My three goals for my senior year are to save money, get involved, and graduate. I need to save my money for my senior dues, prom, and other important things that are going to go on this year. I want to get involved in school this year with sports, activities, and volunteering for things. This will all lead up to the most important one of all graduating and being successful. So now I’m going to tell you how I plan on doing all of this by the end of the school year starting with saving money.…

    • 528 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Why Am I in College?

    • 385 Words
    • 2 Pages

    Furthermore, my most important reason for attending college is to be able to provide for my…

    • 385 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Another important lesson that one can learn outside school is the skills of financial planning. Although school teaches the calculation of figures, it does not teach us how these figures would affect us financially in our lives. By learning to budget wisely, one would not end up in unnecessary debts. It is not uncommon to find young adults under a huge credit-card debt. To avoid such dire situations, one needs to learn the discipline to save, invest and spend wisely so that there will be wealth accumulation and funds set aside for a rainy day.…

    • 488 Words
    • 2 Pages
    Good Essays