Some of the most common financial pitfalls seen in peers may be not saving enough, getting many monthly bills, and applying for too many student loans. Some of this is from not thinking ahead or seeing the future and panicking. It may be caused by not taking advantage of the here and now. If possible, take advantage of the time you have, use your newfound independence to your advantage, and not panic when you see a high tuition number.

High School is when most students get jobs during

school. They start working and are getting paid. The first paycheck is usually

gone within the week. The problem is this habit does not change. They may put

away what they do not spend into another account, but their priorities are

their social life, a new closet, or the newest iPhone. Personnel saving

at least fifty to seventy-five percent of one's check is the way to go. Still,

having a budget for social affairs is fantastic, and one can still get nice

things. This way, one will save most of your money and still have fun. High

school is meant to have fun. Personally, trying is essential. Try to be smart

with the things you were given.

Once again, getting used to having money and newfound

independence. This usually means a monthly phone bill, gas bill, and maybe

payments on an actual car, and for girls’ monthly eyelash appointments, hair

appointments, nail appointments, and waxing appointments. It takes much of your

money when all this is said and done. Most of this is not realistic if you save

fifty to seventy-five percent of your check. So, keep in mind some of the

things you must be aware of constantly. Being able to cut down the monthly

Expenses are helpful. As for the beauty aspect, look for some cheap

alternatives. Such as learning how to wax your eyebrows yourself, buying nail

polish and fake nails, maybe getting fake eyelashes with glue or a more

expensive mascara, and perhaps not changing your hair colour five times a year.

Being able to balance is the key, and it varies for everyone.

Since everyone is so keen on spending their money,

they panic and start applying for student loans as soon as they get them. They

do not usually think of applying for scholarships and bursaries. Being able to

a plan is essential for just about everything. They are not panicking and know

that summer jobs come out before too long, and one can make considerably more

money personally. If you can pay for the current year, get a student loan, and hopefully,

one will not have half as much to pay off.

These are the most common pitfalls seen in high

school. Unfortunately, they may sometimes affect a more significant part of

one's life than initially thought. Going into a career like nursing, something

like student loans is almost necessary, but reducing that number as much as

possible is always helpful. Being able to manage both time and energy is essential.

Trying not to have to pay for student loans for the next twenty-five years

later is always preferable. So, try to plan out your foreseeable future and not

just the present.

Works Cited

Work Cited

WorkSafeNB. “Information for young and new workers.” Information for you and new workers, https://www.worksafenb.ca/safety-topics/information-for-new-workers/. Accessed 20 September 2022.