2014 Spokester Search: Howard R.

Howard is a 21-year-old from Southfield

Howard’s Situation

So I'm a 4th year media communications and film student at Lawrence Technological University in Southfield. I'll be graduating next spring and i cant wait to see the world.

I'm 21 years old, outgoing, not afraid to take charge, and probably not as cool as I think I am, but hey at least I'm confident.

Really I'm just looking to expand my horizon, and see just what I can do for the world, everyone has their own role in life, I'm just trying to figure out what mine is.

Howard’s Blog Post

So being 21, and in my 4th year in college, I've had my ups, and more often than not, downs when it comes to finance. I've played the game of lets see how long i can eat ramen noodles and still pretend that they taste good, more often than I'd like to admit. But its college right, being a broke student is normal. That may be true, but it doesn't have to be. I'm going to let you guys in on a four pieces of advice that I've learned over my past four years in school.

1) Freshman Year Fun

So for me my freshman year was by far my favorite year in school, but probably my least favorite year for my bank account.The problem as a teen is that, even though time is on your side, cash flow is not. Your money is more than likely from a part-time minimum wage job, an allowance, or occasional gifts from family, which means it probably isn't smart to do what I did and spend all your money all the time.

2) Don't Be Afraid To Mess Up!

To me, one of the biggest lessons of personal finance, oddly enough, is about redemption. People who dug themselves into massive credit debt can dig themselves out again. People who never saved can start. So whatever bad thing you did, learn your lesson, and start over the next day. 

3) Indulge your Natural Curiosity. 

No matter what you're doing in life, always try to learn new things. Hone your skills. When I was in high school, I tried to make funny videos after school with friends, and built computers in my spare time, (I wasn't exactly the coolest kid in school), but it gave me a marketable skill in the future, and ended up being a ton more useful than I ever thought it would be.

4) Dolla Dolla Bills Bills Bills

Congratulations! You've finally got a good job! You probably have bought a car, got your very own place to live, and maybe even a girlfriend too! The downside of all of that, is now you have to pay for it. Budgeting is extremely important, especially since now you've got your own bills to pay, (Having a girlfriend doesn't sound so great now does it...). If you can help it, try not to spend money on anything more than just what you need, and plan out your expenses ahead of time. Believe me your pockets will be much happier when the cash you have in them, is cash you can keep.