Tuesday, September 8, 2009
Saving On College Expenses Gets Priority Now
posted by Jameel Murray
When Paul McGinnis heads back to college in Spokane today, he'll be packing more than his CDs, laptop and favorite sports posters. He's also carrying some newfound financial awareness.
Money's tight this year in the McGinnis family, and it's made the 19-year-old college sophomore think twice before whipping out his debit card for every little purchase. Earlier this year, his dad, Greg, was laid off from a 20-year job in the building materials industry and his mom, Nancy, took a pay cut from her administrative job at Kaiser.
Everyone's watching the wallet, including Paul, who will be living in a dorm at Whitworth University.
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