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Mallon FitzPatrick on Cheddar News

August 29, 2023 – Principal and Managing Director, Mallon FitzPatrick appeared on Cheddar News Stretching Your Dollar to discuss ‘How College Students Should Manage Personal Finances.’ “The way to think about allocating expenses is in two categories, there are need spending and want spending. Your needs are your basics, your housing, your books, your equipment, the things you need to, to live and graduate college,” FitzPatrick shared. “The wants are the fun things going out, going out for drinks, which may or may not happen more in college for a lot of folks. So between those two categories, needs and wants, you want your split should be about 50% of your spending on needs and 30% on wants and then keep 20% on the side just in case.” Watch the full clip here: https://tinyurl.com/3fuztt6p 

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