It is so rare that we hear other peoples money stories, so once a month I like to share an inspiring money story written by the person themselves so you can get a real insight into their money mindset, their challenge and the successes they have made.
With Summer break nearly here and thoughts turning to University this is invaluable reading for would be students and anyone with kids. Read on to learn some more….
This months Money Story blog is from the amazing Todd Brison.
“Student debt is suffocating my country. What started off as a good idea to level the educational playing field has turned into a nightmare for the average American.
We’ve borrowed 1.2 trillion dollars for school as a nation.
My friends across the pond are struggling with the same issue. The majority of University students in England will be paying back loans in their 40s and 50.
This has to stop.
First off, let me clear all the “skeletons” out of my closet so you know my history: I am a white male who lives in America. That alone lands me in a pretty good position in the world. I’m not confused by the fact life has been easier for me than it is for some.
But it’s not like my parents passed down massive wealth. They were both teachers. Early in my high school career, my mom left the public school world to tutor privately. She made less, so we cut deeper.
On several occasions during this time, our family ate beanie weanies – a bowl full of beans and chopped hot dogs – for dinner. Not for a snack. That was it. That’s all we had. So that’s what we ate.