Building a better budget

By: Logan Pierce, contributing writer

“Financial success rule number one is stay in school,” Cynthia Campbell said Thursday, Oct. 7 during the Building a Better Budget seminar.

Campbell talked about how someone can make the best of their lifetime earning potential. “There is a stark contrast when you compare the earning potential between high school and college graduates.”

She encouraged students to set S.M.A.R.T. goals. “Specific, measurable, achievable, realistic and time,” Campbell said. “Whether you’re saving towards a house, a car, or a vacation, setting a budget will help you achieve your goals.”

Citing her own life, Campbell explained how she saved easiest. “When I want to go on a trip, I set up a travel fund. When I decide not to eat out, or buy another pair of shoes, the money I saved goes into the fund.”

Money controls a greater part of our relationships also. According to Campbell’s research, 90 percent of divorces in America are over “money troubles.” She explained how it’s not over an amount of money, but what it actually represents; freedom, security, and power.

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