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AN AGGIE LINE: USU cheerleaders perform during the Aggies' final exhibition game. It's time to cheer for basketball. / Photo by Brianna Mortensen

Today's word on journalism

Friday, November 10, 2006

Q&A with Ed Bradley:

Q: What single issue should be covered more at CBS News?
A: Foreign news.

Q: Have you ever been assigned a story you objected to? How did you deal with it?
A: When I first started in New York at WCBS radio, the assignment editor automatically assigned any story that had a minority in it to me. I objected to being typecast and told him if I didn't get a variety of stories -- as other reporters did -- then I would take it up with the news director.

Q: If you were not in news, what would you be doing?
A: If I had the talent, I'd play bass guitar and sing in a kicking band.

--Ed Bradley, reporter, "60 Minutes," died yesterday of leukemia at age 65 (2006)

Want to avoid debt? Saving a little now can help

By Andrea Olsen

October 25, 2006 | With the average American household having about $14,500 in debt (excluding mortgages) and when one in every 73 households filed for bankruptcy in 2003, it's not too hard to see that the whole debt trend is raging. College students across the nation feel this pressure and often succumb to it. But how can it be avoided through this time of practically no income, tuition costs, and so many expensive toys?

A few bits of advise, amazingly shocking statistics, and information are very useful (if not just entertaining) bits of knowledge that can assist in avoiding the red bottom line.

First, the biggest purchase we all are making is tuition. The biggest and best help (aside from pleading with daddy for some extra cash) is financial aid. If qualified, a student could save bundles each semester and make it so paying for classes is actually worth the piece of paper at the end.

If financial aid is out of the question, budget your money to understand how much a month you must save to get tuition paid for when it's due. Saving a little every month, and more during the months you're able to work more, like the summer, can make tuition able and easy to pay.

Also, look into tax savings offered by the government to assist us in education. There's a HOPE scholarship that can be obtained by freshman and sophomores. Then there's a Lifetime Learning Credit for all of us who have the goals to forever be in school (of feel like school truly will last a lifetime).

Try saving money each month, about 10 percent each to a savings of your choice can add up and also just teach a good habit to get into.

Debt is rampant. The best rule of thumb to live by is to simply not get caught in it. Live within your means. But build credit. A very strong way to build credit is through a credit card. Have the ability to pay it off entirely each month. If a certain purchase makes for this to be impossible, don't buy it. Now, if it's already too late for this advice, go to another wonderful help for Aggies, the Housing and Financial Counseling Center. They offer worksheets to better understand your financial situation and then free advise on top, something every USU student should take advantage of while attending. Even if there isn't a whole lot of money to manage today, the knowledge that can come from the counseling center can help you rest assured that every dollar you make when the dollars come rolling in will be taken care of properly.

Last bit of advice I'll give is to just spend time looking into whatever interests you. Aside from the Financial Counseling and the Financial Aid office, there's also a lot of Web sites that are made to help college students and just prepare you for the future. Look into saving tools, if you have the ability to save, check out savings accounts, certificates of deposits, mutual funds, bonds, IRAs, and even stock options. Each of these has different advantages and disadvantages, so one will probably be a favorite for you.

Money used (and saved) wisely today could mean living the good life, however far away that may seem.

MS
MS

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