Meet the Applicants- Joseph

Joseph is a senior at San Marcos High School with a simple, but not easy, goal of helping his parents, who have been saving since he was born, pay for his college education.

Joseph wants to be involved in law enforcement by earning a degree in criminal justice at Texas State. He did some research on the Texas State website and found it would cost approximately $17,100 per year for an in-state student living at home.

Although his parents have been saving since he was born, the current economy has affected their savings. Joseph decided he should save to help pay for his education. To help save, he has been working part-time for almost a year, but until recently, he hasn't given much though to saving money.

To achieve his goal, he is willing to trim how much he spends on entertainment. This includes going to a matinee instead of a full-price movie, eating out less, and renting movies instead of always going to the theater. He's also willing to cut back on how much he spends on gas for his car by thinking about his errands and trips and combining them.

Participating in the Challenge will provide him with the financial guidance and advice to help him save more and help him throughout life.