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KIPKETER: Proper use of money key for students in tough times

Peer pressure has contributed to the erroneous actions made on the little money in possession.

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by KIPKETER MECTARIOUS

Africa17 May 2022 - 12:50
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In Summary


•The public is fed with the mirage that universities are an environment for the mind-boggling experiences characterised by turf and unfriendly subjections.

•From a personal perspective, this argument would only be tabled and peddled by a caucus of irrational spenders.

Students at the University of Nairobi

The issue of the economy has always ruled out the majority of university students from their expectations.

A public survey has relayed that most of the comrades are placed in their current cadre of lifestyle standards all as a result of the rationale of resource management.

Proper resource management distinguishes the kind of lifestyle one leads regardless of the resources they have.

The public is fed with the mirage that universities are an environment for the mind-boggling experiences characterised by turf and unfriendly subjections.

From a personal perspective, this argument would only be tabled and peddled by a caucus of irrational spenders.

Indeed, there would be other avenues by which money planned for a given purpose is not used for it, especially in situations like inflated commodity prices or in advance cases where sickness comes in.

It would be needless to mention that a majority of the university neighbour business ventures are highly constituted by recreational facilities, bars and classy hotels that properly milk out the students’ coffers.

This is just a mention of a divergent avenue for the monies given to the students but the list is always endless from the all-time known lavish lifestyles which most likely are short term based and dependent on the availability of the money.

While at it, peer pressure has as well contributed immensely to the erroneous actions made on the little money in possession.

Worth to note that, some students who are known to be good managers can easily do so to a specified amount of money efficiently and effectively in recognition of the ability of its availability by the sources, be it parents or loans from the Higher Education Loans Board.

This highly encouraged motive of good resource management.

It unstoppably debunks the paranoia early fitted in people’s minds that a good lifestyle on campus is not dependent on squashing money inconsiderably for a limited time then thereafter resorting to insufficiency to even a mere meal in a day for the rest of the study period.

Via email

Edited by Kiilu Damaris

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