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“Success comes in CANs not in CANNOTs.” This week the Youth News has featured Money Management. I took the opportunity to ask this year's Butterfield Bank Management Trainees how they paid for their college tuition and whether they have started saving money. How are you going to pay college? "Construction paid for tuition! I paid 3 years of it and my parents paid the rest"
"I paid for college through a number of avenues. I worked two jobs during my breaks. My parents contributed the bulk of the cost. I also received government and private financial awards.
"While in high school I always had a part time job which allowed me to have a bit of pocket change and still have a bit for college and university."
Have you started saving for a bike or a house? If so, how much do you save a week? "I have started saving money. (I don't know what for however). I think it is always important to have some $ set aside for unknown events and to have a safety net."
"I did save and pay for my bike during summer employments. I am now saving for graduate school. I save on average a 1/3 of my take-home pay."
"Yes I have started saving ... for something! I am not sure what it will be but something big! I save probably 80-90% of my paycheck. I work on Saturdays and that usually pays for my monthly expenses. I basically save 5 out of 6 days pay!"
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Shana Hayward, 23yrs, (ex. Berkeley Insitute)
