Today we’re featuring a guest post from Nebraska student Diandra P who shares how Vault – Understanding Money helped her develop the skills and confidence needed to make smart financial decisions. Congrats to Diandra for being one of our scholarship recipients!
Student: Diandra P
Teacher: Jackie Hinrichs
School: Giltner High School
Sponsor: Nebraska Educational Savings Plan Trust (NEST)
Many people have dreams for the future. Some kids want to grow up to be doctors, while others want to be firefighters. Personally, I want to go to college in a big city and eventually work as an editor for a popular newspaper or magazine.
But how many of us actually know how to reach our goals? It can be pretty confusing trying to navigate the adult world of money and life-changing decisions. Luckily, there’s a program out there to help us achieve our goals. It’s called Vault – Understanding Money. Through Vault, I learned about making responsible money choices, as well as about income and taxes.
Vault taught me a lot when it comes to making smart financial decisions. I now understand the importance of saving my money and tracking my spending habits, which are both important skills I am using to plan for the future. I set up a savings account to help pay for college, and am practicing writing down everything I buy to control my spending. I feel great knowing that I am already a step ahead of the game when it comes to paying for tuition.
I also learned about all the different people I have available to talk to when I have a question about money. I took the advice of Vault and talked to my parents about money, and I’m glad I did. The more financial information I get, the more confident I feel about my ability to be be successful in today’s society.
In addition to learning how to make monetary decisions, Vault taught me about earning income and taxes. Besides all of the ways I can earn money as an adult in a few years, the program also introduced me to ways that kids like me can make money now. I’m funding the savings account I set up for college by detasseling and babysitting, and I’ve encouraged my friends to do the same. Working has proved very worthwhile for me. Besides the weekly paychecks I receive, my jobs have rewarded me with many new friendships, connections, and life lessons, which I’m sure will prove mighty useful in years to come. Of course, the creators of Vault knew that you can’t teach kids about means of income without also teaching them about the major responsibility that comes along with earning money – paying taxes. Vault showed me that it is very important for me to pay taxes so that our country is still beautiful and safe when I’m a hard working, prosperous adult.
Maybe I’ll change my mind within the next few years and decide that I don’t want to be an editor, and that’s okay. I’m just a kid; I don’t have to have my whole life figured out already. But there’s one thing I am certain about – I know that whatever I decide to do, I’ll be well prepared to achieve my goals because of Vault, where I learned about making educated financial decisions, earning money and paying taxes.