I was wary about wanting to go to university initially because it can cost so. Much. It doesn’t make a lot of sense to start your adult life in debt or with very little money in general. But, often what you get out of university you can’t get anywhere else. In my case of wanting to be in healthcare, it is hard to get a job where you haven’t been to post-secondary school.
Because of this, I have made it my goal to get through debt-free. This will encourage me to get real-life work experience, allow me to justify school more, begin adult life more financially stable and be able to also afford graduate studies if that’s the path I choose.
How I’m working on getting through school debt free
Currently, I have implemented a few plans.
- Scholarships – I talked about scholarships in a previous post. I have also read that it’s a good idea to apply for at least 3 a year. So, in future years I will continue to apply for more scholarships.
- The blog – I have set up ads on the blog which provide a small income. Every little thing helps! And as the blog grows, so does the income.
- Staying at home – Instead of moving out for school, I will be staying at home. Then I don’t have to buy food, furniture or anything for decorating, or pay rent or extra fees for residence.
- Choosing a school near home – This way I can bike or take public transportation into school as opposed to getting a car.
- A cheaper school program – Completely accidental, but I chose one of the cheapest programs that the university offers.
- Working part-time during school – I work when school is out to make more money to pay for school and save for the future.
- More work experience – In the school program there are terms special for just working and getting experience. This will help in the future for getting a better job as well as bring in extra income.
Saving money is definitely key and lots of opportunities for a little income all add up.