As President Trump’s administration continues sweeping changes within its first 100 days furthering the political divide, some recent decisions – like the global tariff initiative – have taken the nation by storm.
The looming notion of a recession has clouded headlines for weeks, which has left many Americans wondering: what would this mean for them?
While economic pitfalls can certainly harm everyone, more vulnerable populations – like students – often face the greatest risk due to the lack of footing.
In times like these, being more resourceful by shopping locally or even buying secondhand, can help save money in the long run. It’s rarely ideal to start living above one’s means as of now.
Political experts like Dr. James Stoner, urge for students and recent graduates alike to learn what frugality would truly mean for them.
“If you’re coming from a background where your parents did okay – you know a real solid middle class, upper middle class – don’t start trying to live at their level. I mean, if they go out to dinner once a week, you go out once a month!” said Dr.Stoner.
Adopting a “get what you need, and not what you want” mindset is crucial for any young adult aiming at financial independence. And while those frequent doordash runs for a sweet treat may have to pause, you won’t regret saving that dollar for a rainy day.