Was there an anticipation for you to take part in university formation? Did you take part in a form of university formation? If so, how did you pay for it?
Definitely. My father completed the college and my mother completed the high school, and they emphasized to work hard and graduate and at the same time teach us “Street Smarts”. They were encouraging, but both grew up in Ireland and could not be super helpful with the application process of the American College. I visited a City School with a complete scholarship for college and then worked as a nanny and tutor for a few years to save money for the legal faculty. I am currently at the legal faculty of partial grants, but that doesn’t cover everything, even with federal loans. I chose the part-time faculty part-time so that I could work ~ 35 hours a week to cover the cost and living expenses. For my last year, my parents help the tuition fees (600 US dollars per month) to cover the last piece.
What conversations did you have about money? Have you informed your parents/legal guardians about finance?
We didn’t have many conversations about money. We knew that we shouldn’t ask for things that we didn’t need, and was taught to appreciate what we had. My parents taught us how important it is to always save cash, to buy real estate if we can and pay off credit cards. My father’s cousin works in finance and always told us how important it is to invest, but I’m just starting to concentrate on it – she will definitely be someone with whom I can entertain me in the coming months and years.
What was your first job and why did you get it?
I babyed and made a cat as a teenager for people in the neighborhood, but my first W2 job was in a clothing business as a sales employee at the age of 15, and I also have life in a summer camp this year. I got the job for pocket money so that I could hang around with my friends.
Have you worried about money that grew up?
Fortunately. My two parents worked and my father was a union member with good advantages. My parents own their home and there was always enough money for a vacation and everything we needed. When I got into my teenagers and teenagers, I was more concerned about it when I became more conscious because the work did not go well for my father and my parents paid for my older brother for college. It informed my choice in college because I didn’t want to add stress.
Are you worried about money now?
Yes. I am so happy not to have any loans from college, but my loans for legal faculties scare me. I rejected a full scholarship for legal faculties for a partial scholarship in a higher school, and I am worried that this was the wrong choice. The school I went to should lead to better employment, but the postgrade scholarship that I secured is not paid up. Nevertheless, I am incredibly happy to have secured something, since many of my public-interested friends have not found any positions due to the current political landscape. I also work as I go to school, but it still doesn’t feel enough. My little sister already earns good money and I just feel back, especially because I had to borrow money from her last month to go to the wedding of a friend. I also have some dental problems because I am quite sick in my youth and I am worried about the associated costs in the future. In short, money is definitely a trigger for my fear, and while I have largely avoided thinking about thinking about it in recent years, I am now trying to get things better under control, hence the low quantities in my hysa and in red.
At what age do you become responsible for yourself financially and do you have a financial security network?
After the college, I became financially independent for the first time when I moved to Spain to teach English. Nevertheless, I am currently not financially independent and my family is an important safety net. I moved home for four months when the pandemic hit, and then moved home three months after a separation a few years ago. I have done things in recent years, but this school year my parents helped with 600 US dollars per month for tuition fees that are not covered by my scholarship, my loans and my own savings. You are currently covering my telephone payment for the family plan. I am incredibly happy to have my family as a support system.
Do you have or have you ever received a passive or inherited income? If so, please explain.
When I was on the college, my parents covered my food and transport costs and I got a small scholarship as part of my scholarship. When I turned 25, a family member (my father’s cousin – who works in the financial sector) gave me $ 5,000 based on bonds that she had received for my siblings and me for my siblings. I used the money to pay part of my student loan, money in savings (which I paid earlier) and paid for the deposit for the apartment that I had moved into. I also received a scholarship during the legal faculty.