First of all, there are many kinds of financial difficulties that students can experience such as; parents don’t provide enough money for expenses in daily life, school fees are too much, earning money from a part time job doesn’t help enough, ingest or illogical spending, expenses incurred, etc. It might be spent impulsively like using money to impress or a tendency for excessive spending. Extravagant spending habits are becoming more and more common with students, for example purchasing expensive items such as name brand clothes, personal items and vehicles. Of course, expense is always in need and will never be enough if one doesn’t make any money in ext...
... middle of paper ...
...will be properly used which will reduce unnecessary waste or avoid wasting. For example, if one wants to go from A to B and they have 2 choices that are the bus or the train, but the train is more expensive than the bus because its faster, they can use the bus in order to save money if they aren’t in hurry.
In conclusion, this essay has successfully explained the types of financial difficulties that affect students, also suggesting techniques for alleviating financial stress and creating a better financial situation. First, it outlined the ways in which students can spend recklessly by alluding to their consumption habits. Next, it went on to highlight the adverse affects financial difficulties can have on student whilst showing the benefits of learning smart financial management. Finally, this essay indicated the ways students can improve their financial situation.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- Student loans affect students in a variety of ways and causes students to go into distress and frustration with fear of the future. Additionally, student loans cause many students to go into debt and it is a huge responsibility on their shoulders. Furthermore, the number of students in debt in the United States has increased over the past twenty years (Black, 2016). It causes them to borrow so much money until it affects their future. Student loans cause many students to go into debt, but there are many ways to reduce it such as applying for scholarships and grants, saving money and applying for work-study.... [tags: Debt, Loan, Education finance, Default]
743 words (2.1 pages)
- College students face many difficulties and stressors in college, both academically and non-academically. Some of these challenges include, but are not limited to can be financial issues, health issues and personal issues. The workload that students can receive from classes as well as the college environment may result in issues that are more health related, such as stress disorders, depression and anxiety. These in turn may lead to other issues such as sleeping problems or sleeping disorders. This may cause more problems down the road.... [tags: Sleep, Sleep disorder, Insomnia, Circadian rhythm]
1171 words (3.3 pages)
- The economy has affected so many people in so many ways. Over the years the economy has experienced numerous hardships from the real median household income to America’s gross debt. As time passes, not only is education suffering greatly because of the economy, through budget cutbacks and tuition and book increases but college students as well. The economy has affected college students most drastically through By way of decreased taxes and budget cuts schools unfortunately have had to decrease numerous amenities.... [tags: Education]
1210 words (3.5 pages)
- ... Irish home values increased double once between 1995 and 2000. By 2007, the residential construction reached 13% of GDP. Anglo Irish Bank: Bank was exposed to the Irish property bubble. A hidden loan controversy led to further drop in shares. Bank was nationalized on January 20, 2009 when the Irish government determined that recapitalization would not be able to save the bank any more. Foreign Borrowing: The difficulties of the Irish banks whether in terms of liquidity or solvency were directly attributable to their over-lending for property investment, much of it through heavy short-term wholesale foreign borrowing.... [tags: ireland´s economy, homes]
533 words (1.5 pages)
- ... The students who do not receive financial aid have to face financial responsibilities. They look for a job combining study and work. In addition, many experience social stress as they make new relationships which may negatively influence their college life. Sometimes, students may have difficulties adapting to the social environment. The second cause of stress results from the important decisions a student is required to take. Students realize that the decisions they make may change their life causing challenges.... [tags: decisions, immune, depression]
599 words (1.7 pages)
- Most human beings begin college with high expectations of obtaining a degree to become successful in life. Many students are not academically prepared to meet the requirements needed to complete the courses they are enrolled in. The freedom of becoming an adult takes a great toll on the education of new comers to a college. Half of college students are likely to never receive a college degree. Attributes that contribute to a student failing in college is the lack of skills that prepares students for a higher education.... [tags: drop-outs, sociological analysis]
639 words (1.8 pages)
- Since the concept of using money was first introduced since ancient times to replace the barter trade system, importance and popularity of money went through a rapid growth. The role of money had currently evolved to the point that different country have own unique currency value, and most product are only purchase-able with money. Due to the risen role of money in human’s life, certain services regarding money to help human beings rose. Few examples of the services are bank deposit, withdrawal facility, debit services, and credit facilities.... [tags: financial resources]
858 words (2.5 pages)
- CONSUMPTION AND EXPENDITURE PATTERNS ON DAILY MEALS OF STUDENTS WHO ARE RESIDING IN DORMITORIES I. INTRODUCTION A. Significance of the study According to John Maynard Keynes, the discussion of consumption and expenditure are important to economics, environmentalism, geographical analysis, and many other fields. In this study, analyzing the food consumption and expenditure patterns of students away from home can be used for future implementation of university policies that would offer financial and other assistances for the students.... [tags: Economics Business Study]
1991 words (5.7 pages)
- An efficient educational system is the one that achieves the teaching objectives without wasting time and money, but what happens when the goals are not reached. There are three options for the student pass the grade, repeat it or dropout of school. According to Ruebel, Ruebel, and O’Laughlin (2001), “School dropout is described as a process of disengagement in which students become more and more alienated from school and withdraw to the point of dropping out” (p.58). When students decide to drop out of school they are diminishing the opportunities to succeed, and lacking themselves from the tools of competing in our society today for a better future, they are at risk to engage in cr... [tags: Why Students Drop Out]
1122 words (3.2 pages)
- Sleeping is something that is an essential part of human nature and is a must in order for one to be a functional human being. Sleep is an idea that is accompanied by many wives’ tales, including the ideas that one needs seven to eight hours of sleep each night and alcohol helps one fall asleep and sleep more soundly. One myth about sleep is that during sleeping, one is in a state of nothingness. In truth, however, it has been discovered that during sleep the brain is active, variations in heartbeat and breathing occur, and the eyes and ears are active throughout the time of sleep.... [tags: Sleep Deprivation Essays]
2230 words (6.4 pages)