Monday, October 19, 2020

Chapter 9 - The Basic Tools of Finance

As a non-traditional student in his forties, I have experience in saving, investing. I have purchased a home and later refinanced the loan and use investment accounts to save for retirement. Most of this saving has been in the last 15 years and nearly none during my first round of college right out of high school. 

I have been working in the construction industry for most of my career, designing and project managing working from an Architects office. I have been a part of many successful projects with the guidance of my boss and I hope that with the degree I am pursuing I will continue to design and coordinate successful construction projects on my own or with a larger company. I have seen the construction industry in Colorado continue to grow through the Great Recession and now a pandemic and the industry continues to thrive. Construction was listed as essential service during the recent economic shutdown period. This gives me great confidence in the industry and that the cost of my education will have a positive ROI in the near-term.

I am pursuing this degree in the most affordable manner taking classes online and off campus. I am taking classes here at CMC to complete credits for my degree at Colorado State University - Pueblo. This is saving money on the cost of classes. I have incurred some dept from my education and will graduate with roughly $25,000 in debt. I had been self paying for some classes but as the interest on student loans is zero, I have borrowed a little more to help finish.

I have seen my income increase over time and I want this trend to continue through my high earning years. This degree will give me the skills and experience to tackle projects of my own and will open up more possibility in the construction field which is booming in many markets.

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