Savings on a College Budget?

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I’m totally going to rant out for a moment about a blog post I read on how to save money.

First off let me warn you, I’m paying my way through college, while working a fulltime job that barely makes ends meet. So I’m sure you can imagine it’s difficult for me to look at saving money the same way as someone who can live off of 51 percent of their income. Currently a growing savings account to me is a fanciful land where fairies and dragons roam lush forests filled with rainbow waterfalls, Reality is… However, I still thought I should read the blog post and see what I could learn about saving some extra money. Here’s a snapshot from the blog: “Throughout the year, I lived on an average of 51 percent my income ($28,000), saved 31 percent ($17,000), and spent the other 18 percent on travel ($10,000). I proved that I could live on less, save more, and do more of what I loved, and learned so many other lessons throughout the process.” The author goes on to share some suggestions like cutting out spending money on nonessentials such as her $100 plus a month habit of buying coffee. Are you kidding me? That’s when I realized my monthly savings is the equivalent to someone’s bad coffee problem and I couldn’t relate to what I was reading. The author leaves out the possibility that her audience might not have the same financial means as she does. The post would have been more effective had she considered a wider audience. I, like the author of the post I disagree with are biased. Having your own perspective is an inevitable aspect of online communities and it’s not a bad thing, we just have to recognize this factor.

Link to post:

https://www.huffingtonpost.com/entry/i-lived-on-51-of-my-income-saved-17000_us_5a60f7bce4b0e07b3731ceea

 

 

 

1 thought on “Savings on a College Budget?

  1. Completely agree with your reaction on the author’s post. It would be great if they laid out alternatives for people who may not be so well off. Thanks for posting!

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