Personal Narrative: My Economic Recession
Economic Crash Creates an Amazing Upbringing Recently our country has experienced some extremely rough economic recessions which has caused countless Americans to change their everyday lives and their spending habits. This recession has affected mass amounts of people in a gigantic way, with my family being one of several. However, being in my first year of college and my family reorganizing our expenditures, it puts into perspective exactly what “pinching your penny” means. Especially with your first year of college proved to be the most expensive when it comes to tuition, meal plan, campus housing, and all of the other expenses that aren’t accounted for.
College has never even been a question for me growing up. It was always assumed …show more content…
My parents ended up having to file bankruptcy in order to work to pay off our debt. When this first happened, both my sister and I were enrolled in private catholic school, which we paid monthly for, and might I add, wasn’t cheap. You would think with what our family was going through, the first thing they would cut back on, was pulling us out of school. Everyone in our family thought they were crazy for not doing so. Nonetheless, my parents explained that they wanted us in a well brought up school and receive a good foundation. They did everything they could to ensure our education, all the way to being put on financial aid. The school was understanding, however even then being at a young age, I couldn’t help but feel like a financial burden on my parents. We ended up foreclosing on the house I basically grew up in. Nevertheless, used that opportunity to move to a safer area with a more improved public school system, as I would be entering high school soon. A couple years went by and we were getting close to the conclusion of our bankruptcy, by then the way we were …show more content…
One of the most exciting experiences for a college student is the opportunity to be a part of Greek life. Unfortunately, before going into college students don’t consider that things like that cost more on top of the tuition you are already paying for. This experience would be even less likely for freshman college students who are either already on financial aid or even out of state students, myself as a prime example. I know personally from being a freshman out of state student, I needed to wait a year before being able to participate in Greek life, which was understandable coming from my family. They have already done so much for me, if waiting one year before I’m able to join is what they want me to do, then I will gladly wait. Yes, there were numerous negative aspects of the recession. Not knowing if we were going to be able to make ends meet, my dad losing his job for a couple months, finally finding a new job, moving out of our long term home, my parents doing everything they could for my sister and I, while still juggling bills and their jobs. To this day they are still my heroes and when I think of everything they did for me and my sister, I am still in
College has never even been a question for me growing up. It was always assumed …show more content…
My parents ended up having to file bankruptcy in order to work to pay off our debt. When this first happened, both my sister and I were enrolled in private catholic school, which we paid monthly for, and might I add, wasn’t cheap. You would think with what our family was going through, the first thing they would cut back on, was pulling us out of school. Everyone in our family thought they were crazy for not doing so. Nonetheless, my parents explained that they wanted us in a well brought up school and receive a good foundation. They did everything they could to ensure our education, all the way to being put on financial aid. The school was understanding, however even then being at a young age, I couldn’t help but feel like a financial burden on my parents. We ended up foreclosing on the house I basically grew up in. Nevertheless, used that opportunity to move to a safer area with a more improved public school system, as I would be entering high school soon. A couple years went by and we were getting close to the conclusion of our bankruptcy, by then the way we were …show more content…
One of the most exciting experiences for a college student is the opportunity to be a part of Greek life. Unfortunately, before going into college students don’t consider that things like that cost more on top of the tuition you are already paying for. This experience would be even less likely for freshman college students who are either already on financial aid or even out of state students, myself as a prime example. I know personally from being a freshman out of state student, I needed to wait a year before being able to participate in Greek life, which was understandable coming from my family. They have already done so much for me, if waiting one year before I’m able to join is what they want me to do, then I will gladly wait. Yes, there were numerous negative aspects of the recession. Not knowing if we were going to be able to make ends meet, my dad losing his job for a couple months, finally finding a new job, moving out of our long term home, my parents doing everything they could for my sister and I, while still juggling bills and their jobs. To this day they are still my heroes and when I think of everything they did for me and my sister, I am still in