Money by Luis

Luis's entry into Varsity Tutor's April 2024 scholarship contest

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Money by Luis - April 2024 Scholarship Essay

Hello, my name is Luis Guillen Alonso and I'm a senior at Marlboro High School. I want to double major in Finance and Real Estate management.
At a young age, the concept of money has always amazed me and triggered a sense of interest. As a little boy, instead of spending the allowance I would get the second I lay my hands on them, I would save that money and hold it off as long as possible. I often asked my parents for any chores around the house to earn extra money. Every birthday money I received, I would save up too. Whenever I went shopping with my parents, I hardly ever wanted to buy a toy or a game, mainly because I always thought I might come across something even better that might cost more money. It is a good strategy because it gives you the mindset of spending less money. As I got older, learning about various investments such as stocks, bonds, real estate, and more, persuaded me to learn more about these topics and how to use money properly. There’s still plenty more to learn and I have so much enthusiasm to study.
In today’s economy, having strategic ways to manage money is important. No matter what career goal someone might have, it will and should involve money. People across the country go into debt due to their poor financial choices and spend all of their money while others make thousands of dollars from scratch. Majoring in Finance will ensure that I will make successful money choices throughout my lifetime. I would like to assist my peers and family with their financials and ensure they will learn about money budgeting.
Becoming the first-generation college student in my family has motivated me to reach the highest potential I can ever achieve. My parents are the most hardworking people I know and I know that one day I will be able to repay them for everything they have done for me. I have spent a lot of time choosing the right scholarships and applying for them to make college tuition as affordable as possible for them. Having this scholarship will help my future become more brighter. Even after I start college I will continue to apply for scholarships. Thank you for reviewing my application and I wish you all well.

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