Time for College Students to Make a Budget
Have you ever considered that your financial circumstance is changing as you grow up? Has it ever occurred to you that you should be responsible for your allowance and spend it wisely? Has it ever dawned on you that you can make a budget to live a sensible life instead of squandering your money foolishly? At present, a substantial number of college students spend their money without planning, while some voices hold that college students should manage their consumptions. As far as I’m concerned, it’s high time for college students to make a budget.
Budgeting enables college students to live an orderly life. According to a interview done in 2011, a financial advisor Mr.Tian Hui working in the Industrial Bank said that college students could divide their monthly allowances into three parts once they receive their money: 50% for meals, 30% for emergency, and 20% for saving, which develops them into rational consumers and form a habit of financial management. Adopting this practical suggestion, if students make an arrangement of our allowance at the beginning of a month, it will be very clear to know how much money they should spend on studies, meals and trivial matters. After arranging the necessary consumptions, they will be aware of what kind of entertainments they are able to afford with the money apart from the above expenses. Finally, the rest of money can be saved. In this way, they are no longer afraid of running out of money at the end of each month, or even too poor to have dinner with friends any more. In addition, with the money they accumulate month-by-month, sometimes they can buy a ticket for a concert or something expensive they long for.
The Term Paper on Opportunity Cost Money Students Alexander
Lesson Plan Title: Alexander, Who Used to Be Rich Last Sunday: Understanding Opportunity Costs Grade Level: 2, 3, or 6 th Duration: three 50-minute class periods Student Goal: To understand that there is an opportunity cost to every economic decision and that these costs come as a result of limited resources. Student Objectives Students will: o Identify 'opportunity costs' in the story and in ...
Making a budget also helps to foster college students’ abilities of management and organization, which will benefit their jobs and families in the future. According to a survey of consumption conducted by a group of students in Nankai Universities in 2006 among college students in Beijing, Tianjin and Hebei Province, over 70.4% of them were not in the habit of saving and about 61.9% of them lack budgeting in consumptions, which shows that the majority of college students nowadays are weak in financial management. However, the ability of management plays a prominent role in life because it is a vital skill that will be applied to every aspect of their works and families in the future. For instance, holding an exhibition, raising a child or investing a company requires the ability of budgeting. Furthermore, apart form money, time, human resources and even water bills demands management. Consequently, as long as students learn and acquire the fundamental skill of management – budgeting on campus, when they get older, they are capable of managing and organizing more challenging businesses, finding their ways in their jobs and families.
However, if college students don’t make a budget, what will become of their lives?
As students, they can spend their money given by parents without limitations, buying whatever they want regardless of the prices, which drives them into moonlites – a kind of people who spend all their money at the end of or before each month. I used to lead such an extravagant lifestyle. In my first semester of university, my mother gave me two thousand yuan each month, but at the end of each month, there’s nearly nothing left in my pocket. What’s worse, I even didn’t know where all my money went! All I did was just eating and playing, how could these petty things cost such a great deal of money? Later on, I understood that although those were all trifles, they would become a great business once they gather and I always wasted money at things I did not need at all. That’s how I threw my money around. So I started to make a budget, planned for each part of my life, decided what I must pay, and what not to buy. From then on, I have become a little accountant, a wiser person.
The Term Paper on College Management System 2
Computerized college management system is developed to facilitate the general administration system to manage the various information of student and employees involved in college. So, that college can access accurate information quickly and easily as and when required, thereby improving its operational efficiency and effectiveness. 1. 1Problem Statement In case of manual system they need a lot of ...
In a nutshell, college students are mature adults now, so they should dominate money rather than become the slaves of money. For certain, they need time to learn how to make good use of their money for doing a good job and providing for a family in the future. Most importantly, in the process of budgeting, not only is our life being enhanced, but also we are turning into a more sensible individual.
