Chelsey's Blog

In Debt as A College Student

My favorite Success Series was Jumpstart Your Personal Finances with Peter Bielagus. His speech was about how college students should be in control of their personal finances and how we can get trapped in debt at a very young age. He talked about how at even eighteen years old college students are being victims of credit card fraud and how teenagers are most likely to go in debt.

The thing that he talked about the most that interested me was how that even though he is not married and doesn’t have any kids he already has a college fund set up and money put away for retirement. He stated that he started saving money for his future, and his kids’ futures, during his teenage years. He might not have the best car or the best house but if something tragic was to happen to his life he would not have to worry about money.

After hearing his speech I went to Bank of America and started up my own savings account. I want my future to be secure and I don’t want to have to worry about money ever in my life.