Goal without plan is just a wish.
Benjamin Franklin wisely said, “By failing to prepare, you are preparing to fail,” and Antoine de Saint-Exupéry said, “A goal without a plan is just a wish.” These phrases hold true in many areas, especially finances and college. Having a financial plan before I step onto a college campus is the first priority. I plan to major in nursing, and I am looking for the school that best fits my choice of career, the cost effectiveness of my education, and the chance of being hired immediately after college. For example, if a good community college can give me the same education and employment opportunities as Vanderbilt University for seventy thousand dollars less, then the choice is obvious. A general idea of my probable salary versus the cost of my education is essential to smart planning for the future. Another major part of my financial plan is working to keep my debt to a minimum by having a job and limiting my spending. Being able to minimize debt and pay my bills while in college as well as after graduation are very big keys to unlocking my financial freedom. As financial expert Dave Ramsey states, “The debtor is slave to the lender.” Smart thinking and planning will lead to a comfortable and healthy life with less stress. Financial aid can be an asset or detriment. If college loans are used wisely, they are a small price to pay; however, wasting the education they provide makes them your worst enemy. Financial aid, college loans, and scholarships are tools to build a future. Having the right tools is just a part of the equation; knowing how to use the tools effectively is how I plan to build a solid future. ”