As an Arizona State University senior and Nina Mason Pulliam scholar studying engineering management, Eric has a full schedule. With the match savings component of the Opportunity Passport™ program, Eric used his savings for something that would help ease his busy schedule…a car!
With my savings I purchased a Nissan Altima. Having a car helps me be more consistent and reliable for school as well as working a part time job. It allows me to attend various school activities and expands my employment and housing options, as I can look beyond a 2-mile radius. Currently, I am looking for a summer internship and by having a car I don’t feel as confined to a certain area. I finally have more mobility and freedom. Plus, now I can take road trips!”
Eric said he was fortunate to have prior knowledge on savings and budgeting from the group home he lived in. However, the Opportunity Passport™ program expanded on that knowledge. “It helped me figure out the cost of car insurance, the amount I need to save and budget to afford living on my own, as well as how to build financial stability by investing in stocks and bonds.”
Eric’s next goal is to use his savings match towards graduate school! Hear from other young adults like Eric who have purchased assets such as a car, aiding in their goal to independence.
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