College Essay On Financial Independence

636 Words2 Pages
bulb-icon

Recommended: How student loans affect people essay

Twenty-two letters, seven syllables, two words, one second to say, and yet, “financial independence” has a connotation stronger than many phrases that are much longer. Financial independence is a concept that is difficult to explain without getting personal. It has a very personal definition to me that continually has new meanings added to it. It is difficult to define in one sentence, rather, it deserves a scroll in one’s heart. Financial independence was something my younger self believed was easily obtainable. That changed when I paid for my first semester of college. Before, financial independence meant putting my Christmas money in my savings account and dreaming about the things I would be able to do one day. Now, financial independence …show more content…

Financial Independence would mean not parting with the last 2000 dollars I spent my life earning on the first payment of your second semester of college. It would be not faking a smile at my parents while angst infiltrates my mind as I think of the right time to inform your parents how much you owe to your university this semester, something I still have not done yet. It would be taking a deep breath without a little voice gnawing at my heart, telling me that the American Dream that was preached to me my entire life may not really exist. For me, financial independence used to mean being able to buy a nice house in the future to live in with my husband and raise my children. Now financial independence would mean being able to help my boyfriend who lives 3000 miles away, that I’ve only seen once in the past year and a half, get a good education, and help set him up for a better life. It would mean being able to give more than just pocket change to worthy causes. It would be mean having the money to donate to the medical fund of my friend who was just in a life-altering car

Show More
Related

  • First-Year College Students Receiving Help

    833 Words  | 2 Pages

    Many students do not get the help they need to become independent, and being overwhelmed may lead a student to commit suicide, fail, or even drop out during college. If a student fails, his or her self-esteem can be permanently damaged, and the consequences can affect an entire lifetime. Students must receive more help from college administrators and professors and influence them to self-manage better. It is understandable that some people do not want colleges to help more because they want the students to make mistakes and learn from them, which may help them become more independent.... ...

    Read More

  • United States at Risk Because of the College Freshman Dropout Rate

    1045 Words  | 3 Pages

    Rebecca. “Unseen Disadvantage: How American Universities’ Focus on Independence Undermines the Academic Performance of First-Generation College Students”. Journal of Personality and Social Psychology. American Psychological Association. (2012): 1-12. Web. 30 Mar 2014.

    Read More

  • Analysis Of The Teen Identity Crisis

    1355 Words  | 3 Pages

    Although leaving home for college is a big step toward autonomy, college students are still in the “betwixt and between” of teen agers where they are more “preparing for work” than filling the adult career slot. Students work part-time jobs, get money from their parents as well as loans and/or scholarships but are not self-sufficient and are often poor like the characters in the Opera La Boheme who do art, poetry and philosophy but can hardly pay the

    Read More

  • Essay On College Student Debt

    1222 Words  | 3 Pages

    College debt is a universally known issue that remains one of society’s largest burdens today. Over the past ten years, high school students and graduates realized that they must seek a higher education in order to find a job that keeps food on the table. Attending a college or university is practically required in order to succeed in life today. Millions of people seek a higher education to pursue a degree, graduate, and acquire a quality job that supports their everyday needs. It often means a lot of money to pursue and earn a degree nowadays. What they don’t realize, is that paying their tuition and housing deposits is essentially signing a contract, costing them thousands of dollars in the near future and leading them down the dark path

    Read More

  • Student Debt Essay

    972 Words  | 2 Pages

    Student loan payment is a very broad and acute topic in today's society. These days majority of college graduates have student loan payments upon their graduation. It has a significant influential lifelong effect on young people's life. Student debt is a burden that profoundly impacts lives of young adults. Student loan payments negatively affect the prosperity of young adults. Lifelong student loan payments negatively affect the prosperity of young people by making them wait longer to get married, have children, and future their prospects of homeownership.

    Read More

  • The Problem Of Increasing College Tuition

    1023 Words  | 3 Pages

    Being forced to move back home after college graduation is one of many obstacles students face while getting accustomed to the new debt they inherit after school. Imagine, upon graduation of high school the excitement one must feel about finally being away from the watchful eye of mama and papa bird. Headed to college to live on their own, freedom to be an adult and make decisions as such. If lucky enough to be one of the one’s who will make it through the entire four years of higher learning with a degree, evidence of long nights, dedication, and hard work, great rewards are expected, right? Wrong, many students in modern society will be met with a harsh reality and be bound to the nest which they took flight from four years prior. Student loans will become the new chain holding them captive to their parents. Unable to afford to live independently right after college graduation is a price some must pay for pursuing higher education.

    Read More

  • Poverty In College Essay

    1196 Words  | 3 Pages

    In the past decade, many college students have fallen into poverty. There’s a lot of issues that go beyond this topic, many people wouldn’t think College students could end up in poverty. Because, either those college students get scholarships or financial aid but, none of those could support a college student. I believe that there could be a more possible way for a college student to survive the college life and earn the degree they desire.

    Read More

  • Financial Literacy Essay

    1385 Words  | 3 Pages

    High school seniors takes deep breaths and parade onto the stage. The beginning of a new chapter awaits as they make the journey from one point of the stage to the end. They reflect on what they have been taught in those many years of high school. The most terrifying fact while graduating high school is the next step: making it on their own. Because they have taken part in the appropriate classes, the students are certain that they have gained the correct knowledge to begin making their mark on the world. In high school, it is crucial to achieve the appropriate classes in order to feel ready to take on the world ahead as an adult. However, many students lack proper education. One key example is financial literacy. Financial literacy is the

    Read More

  • Personal Narrative- My Plan to Become Financially Independent

    609 Words  | 2 Pages

    There is a point in everyone’s life where they will have to become financially independent. For some people this can be a difficult process, and for others it’s easy. Being financially independent usually takes time, and it will take longer for some people. The best thing to do is start young and develop a plan. Becoming financially independent mainly depends on how much you want to work for it. Becoming financially independent is important to me because I have depended on people almost my whole life for things, and it is time I need to be able to depend on myself. I will start my planning by graduating high school, going to college to earn a degree, also during this time I will continue to work a part time job. If I do all as planned I should live the life I want to live.

    Read More

  • My Support Groups

    746 Words  | 2 Pages

    As I mentioned before, the future is a key source of stress for me, and the worrisome consists of various events related to money. I need money to afford going to College, University, to buy school supplies, to live on my own, food, clothing, entertainment, and more. I’ve studied harder this last year of high school hoping to get financial aid or a scholarship, in addition to that, I’ve been working in a paid school program to help pay for my expenses and save a little away for later. In five years I see myself as a college graduate with a major in biology, halfway through medical school, living on my own in a economic modest home with my fiance who I expect to not waste money on figurines or any other thing like my brother; yes, the last point is an actual concern of mine, I’m not trying to be silly. I aspired to be free of debt at that point of my life, yet it seems a bit unrealistic, not impossible though.

    Read More

  • Why You Should Give Your Children an Allowance

    685 Words  | 2 Pages

    Becoming a more independant thinker will lead to not having to rely so much on your parents. Having your own money would make it easier for you to make purchases without mom or dads help. You would learn to budget and decide what would be an acceptable price and what is not worth buying. Considering the price more would be an effect of spending your own money. Most kids wouldn’t want to give their hard earned money up on an overly expensive toy. You would put more thought into the amount of money your spending and if its worth it or not. Having money of your own to spend would cause you to become m...

    Read More

  • School Finance Essay

    1404 Words  | 3 Pages

    In regards to school finance, the ultimate goal of school administrators is to provide all students with the most cost effective, comprehensive education that meets all federal, state, and local requirements and that reflects the values and beliefs within the community. This means that it is an expectation for schools to equip all students equally with the best possible educational opportunities that a community is willing to furnish. However, to accomplish this, school administrators must be able to sustain school programs throughout various economic periods.

    Read More

  • My Life: Climbing Out Of Poverty

    775 Words  | 2 Pages

    After years of struggling with money, I was now able to concentrate on something else. College being free meant the only worry I had was doing my best so I could graduate in the future and finally get out of the cycle of poverty I had envisioned myself in for the rest of my life. It was a weight off my shoulders that freed me to do anything I could dream of. My focus was on the future and I knew I would be served well by the lessons I learned throughout my life watching my

    Read More

  • Money Essay: The Importance Of Saving Money

    777 Words  | 2 Pages

    Saving money brings security for any future expenses. The earlier in life an individual begins to save, the better they will be set financially in the years to come. There are several reasons why it is important to save money. A few of these reasons are for emergencies, retirement, and simply for luxury spending. Having money will benefit each of these examples.

    Read More

  • Sources Of Finance Essay

    721 Words  | 2 Pages

    A few sources of finance are short term and ought to be paid back within a year. Other sources of finance are long term and can be paid back over several years.

    Read More

More about College Essay On Financial Independence

Open Document