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RICKY SCHODL Staff Writer ith the average cost for in-state schools sitting at Karnuth said. With the rise of online banking, there are many apps $20,770 and nonprofit private schools at $46,950, out there for budgeting. They allow people to see the bigger students are looking now more than ever to save for college. While not every student attends college picture of their spending. after high school, many have jobs which require money “I’d recommend Mint; it’s an Intuit app. One tip for just saving your money is when you go out with friends, management skills. Saving now could mean less debt later, your friends aren’t going to judge you if you don’t buy regardless of whether a person pursues higher education. anything, and if they do, they’re not your friends. Know One student, Kyle Karnuth (12), is on the Saint Louis Federal Reserve Board of your money and where to spend it. It’s “Know your money and your money not theirs,” Karnuth said. Directors. This group of students from Saving money does not just high schools all across Saint Louis learn where to spend it,” include but can also include making safe about the role of the Federal Reserve in ~ Kyle Karnuth, 12 ~ the nation’s economy and speak about investments that give returns. The gain from these types of investments is not personal finance. Along with the topic of huge, but still a way to make a small amount of money. personal finance, Karnuth gave some advice for his peers. Senior Taylar Headrick (12) uses the app RobinHood “The first thing you need to do is either make a to invest small amounts of money into safe investments. budgeting spreadsheet or get a budgeting app. It’s not so “I wanted to try and get money that I would not much a big deal about not spending, it’s just understanding have to do a lot of work for and use it to grow my savings. where your money is going. So if you’re spending $200 on I discovered the app through YouTube videos,” Headrick food, it’s just something you need to be aware of. Once you’re aware of it, it becomes much easier to solve,” said.
How else do LHS students save? “I only keep a certain amount in cash and the rest I put in my bank account. I also try to do things like hike with friends instead of going out to eat,” ~ Zoe Kohrs, 9~
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“ I direct deposit in savings account, and I don’t buy anything if I’m not sure if I like it or can’t decide between two things,” ~ Nicole Plein, 12 ~
“My coins are in a jar on my dresser, and cash and paychecks go to my savings account at the bank,” ~ Ailey McDonnell, 11 ~
“I only take out the money I need and try to reuse things as much as possible,” ~ Parker Herbst, 10 ~
