The summer of my junior year in high school, I got my first real job, working as a lifeguard at my local recreation center. The hours were weird, sporadic and each weeks schedule was different. The pool was big and crowded, kids would try and get away with as much as they could, and you were in the sun all day. Did I mention my boss was incompetent and passive aggressive? What about only getting paid seven dollars an hour after taxes? A shitty summer job. But what it taught me about necessity and budgeting is something I still use to this day and am grateful for the experience as a whole.
As you may know by now, there are two of us writing here about how we are learning to live life with guts. One of us (Alex) is going to college for a finance degree, is taking out some student loans, and is hoping to build an interesting career in the finance sector while getting out of student debt quickly and building wealth at the same time. The other (Mac) didn’t find going to college useful for what he wanted, and is now working full-time as a construction worker and is involved in starting a business of his own. He is living at home and therefore has very minimal expenses, and is making a lot of money relative to what Alex makes.
Why a Roth IRA is Essential to a Student’s Portfolio
In the summer before my freshman year of college, my family threw a graduation party for my sister and I. (We’re twins.) I’m sure many of you had them too; a party to celebrate the end of high school, the beginning of a new chapter in life, and most importantly, to collect some much needed cash for the four years ahead.
What’s the Return on Investment in College?
College is weird. Statistically, people who go to college make more money, and that’s just plain true, there’s no denying that. So we can all agree that if you’re going to work a forty hour work week like the rest of us, it only makes sense to go to college and get your degree, as you’ll simply make more money per hour than someone who only has their high school diploma or nothing at all. So, if you can afford it/have the opportunity to, go to college as soon as possible, right? Uh…maybe? See, college in theory is a great idea. You can go to a school where you learn about things you find interesting and also learn in-depth about a career you want to pursue, getting you ready to hit the ground running at a job that requires a couple of years of studying. The problem?