How did you deal with learning difficult material?
When I was younger I wanted to be an Anesthesiologist and part of me still does but this seems unrealistic for me. With no support/ lack of resources it´s hard to pay for school, care for myself and stay motivated especially when the end seems so far. doctor healthcare medicine Anesthesiologist college finance
I didn't have any support either. I took out school loans, took my first credit card out my first day of college, and did my best to make it through. I didn't have the grades going into it to have any scholarship at a university. If I could have done something different this is what I would have done (I hope this helps, truly)
1) Learn more about finances (budgeting, self reliance, forecasting). It wasn't until my junior year of college that I finally made an excel sheet to calculate how long it would take me to pay off my loans. I was simply just scared of finding out because it seemed hopeless. I wish I had done it sooner! It wasn't until I did this that I finally realized how much harder I had made my life. I was constantly cutting costs on my groceries, having fun, etc. You'll find that it's easier than you think to create a timeline that is both comfortable and manageable to pay things and still have a little extra money. You'll be able to prioritize where you want to spend your money instead of wasting your money on random things then not having enough to actually have fun. I now always have an excel sheet where I track my money coming in, my projected taxes, month to month savings projects, and these numbers keep me grounded so things don't get away from me. I'm not even a penny pincher. You would think I am. Most people probably think I don't budget because I probably pay for the group more often than not. Instead, it's because I know exactly what I'm doing.
2)I wouldn't have been in such a rush to jump straight into school and probably would have worked for a couple years and built some experience/explored different jobs. I wanted to jump straight to the big money making dollars that are touted come with a degree or some sort of education. Sometimes I think I could have saved myself a lot of grief not having to pay school loans. It was annoying to finally get the job I wanted but then just watch all my money go to school loans. I powered through them for 4 years and my car loan since I had no car going into college and I got one my sophomore year of college.
Now I look back though and remember when I also thought...how do people somehow make enough money to have a house, pay bills, buy food and somehow go on vacation? I've been there but now I do it with my wife and kid. The number one thing though comes back to financial education for me. Most people don't actually understand how to budget, how to create excel sheets that will tell exactly how much you'll have in 5 months or 5 years if you do x,y,z. This was my secret weapon. You start making decisions that other people don't understand because you won't be chasing grass that looks "greener on the other side." You'll learn to just make decisions based on what you know will actually benefit you, and give up opportunities that look awesome but when you crunch the numbers you realize aren't worth it. Taxes too. I don't do finances or taxes as my career but I'm actually taking a Tax assessment to eventually become a CPA just because I can. I know every year exactly how my taxes are going to break down, how to minimize my taxes, etc. I'm always improving how I can use my money accordingly. I've come that far since my junior year of college. If you are in complete control of your money and understand what's happening to it...then the other stuff is just for fun. You can be an Anesthesiologist or a Geologist, or tax preper, cookie baker at the farmers market etc. Either way, money is money. It's not how you got it (obviously remaining in the law). It's what you do with it.
Aaron recommends the following next steps:
- Break down your big goal into smaller and manageable steps.
- Reach out to support systems and ask for help (such as teachers, counselors, mentors, financial aid, and resource groups). Find space you are comfortable with and share your stories and listen to others
- 80% of something is better than 100% of nothing. Giving it a try is better than not doing anything at all.
Angelina recommends the following next steps:
Look into financial plans and apply for scholarships and grants
Some volunteer or work places in college will pay for some of your school
You can be a resident assistant to get free room and board
You can make money as a TA while also getting good experience on your resume
Some programs offer partial scholarships or you can look into ones that will help you pay off your loans over time
More than all of this reach out to your schools financial aid program and get more guidance!