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Students with backup from parents, why still need savings ?
Some students are sponsored by parents in education, why’s is important for them to have thier own personal savings ?
Should they always depend on their parents for every thing they'd want? Even if their parents are the ones sponsoring them, they still need to save, incase they need to solve some issues around the school, or get things they like for themselves. It allows you to enjoy greater security in your life.Read more
Should they always depend on their parents for every thing they’d want? Even if their parents are the ones sponsoring them, they still need to save, incase they need to solve some issues around the school, or get things they like for themselves. It allows you to enjoy greater security in your life. If you have cash set aside for emergencies, you have a fallback should something unexpected happen. Also saving can help a student promote responsible spending habits and prevent overspending.
See lessStudents with backup from parents still need money. Why? Those students with parental support can encounter challenges that require assistance. These challenges may include academic difficulties, mental health issues, or unexpected life events. Parental support is valuable, but it doesn't guaranteeRead more
Students with backup from parents still need money. Why? Those students with parental support can encounter challenges that require assistance. These challenges may include academic difficulties, mental health issues, or unexpected life events. Parental support is valuable, but it doesn’t guarantee that students won’t face obstacles that necessitate help from teachers, counselors, or other resources within their school or community.
See lessActually you're not the only person that ask this same question, I once remembered when a friend of mind ask his other friend this same question, throwback to then I didn't really understand why the guy was really eager to save money because his parents were rich, I was shock with what he answered,Read more
Actually you’re not the only person that ask this same question, I once remembered when a friend of mind ask his other friend this same question, throwback to then I didn’t really understand why the guy was really eager to save money because his parents were rich, I was shock with what he answered, he said that peer pressure and social dynamic is so impressive, even thought his parents usually checked on him, he let me realize that student still need saving to navigate those situation especially peer group influence on their own.
See lessYou need savings because your parents are not going to back you forever, you'll become an adult one day and they'll definitely grow old or die, if you rely on them who's gonna help you then? Also self-reliance is a good life virtue, your ability to rely on yourself and your abilities will help you iRead more
You need savings because your parents are not going to back you forever, you’ll become an adult one day and they’ll definitely grow old or die, if you rely on them who’s gonna help you then?
Also self-reliance is a good life virtue, your ability to rely on yourself and your abilities will help you in immeasurable ways in life, it’s better to deal with problems before they become problems.
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