Dr. Darren Adamson, President of Argosy University, offers some help on how families can cope during the economic downturn.
About Argosy University
Argosy University offers professional certificates, programs, and doctoral, master’s and bachelor’s degrees in the following colleges: College of Psychology and Behavioral Sciences, College of Education, College of Business, College of Health Sciences and College of Undergraduate Studies.
Coursework emphasizes interpersonal skills alongside academic learning, and many programs are available in flexible learning formats such as evening and weekend classes and online courses that work within your busy schedule. They also provide a variety of student service3s to help support your academic, career and personal needs.
Argosy University, Salt Lake City is conveniently located in Draper, Utah, nestled in the Wasatch Mountains about 20 miles south of Salt Lake City. Situated in the Intermountain region, the area’s thriving business climate, and numerous hospitals, schools, clinics and social service agencies can provide many exciting training opportunities for students.
Coping in Times of Economic Hardship
1. Be smart and be prepared
• Put your family’s needs first
• Reassure your children that they will be cared for
• Prepare your children if you are planning to make big changes
• Find out what’s being covered in your children’s classroom
• Get help from a pediatrician, community mental health worker or school counselor, if necessary
2. Hold meetings with your family and discuss your monthly budget
• Gather your family regularly to explain the situation to the kids
• Make it a team effort to be responsible about your finances
• Don’t involve children in adult decisions beyond their spheres of influence
• Keep a spending journal to evaluate your current spending habits
• Set goals that take into account your long-term financial objectives
3. Focus on the necessities
• Evaluate your actual living necessities and make sure that those basic needs are met first
• Groceries are more important than clothes or entertainment materials
• Pay off all your bills
• Bring a list with you to the grocery store and don’t deviate from it.
4. Make small changes
• Switch to generic brand products
• Pack a lunch instead of dining out everyday
• Save loose change which will really bulk up your piggy bank
• Use public transportation so you don’t have to fill your car up with gas as often
5. Stay positive
• Keep your eyes on your goals
• Stress will cause you to make irrational decisions and can also affect your health
• Don’t dwell on things that may or may not happen
• Live in the present and remember you have control over your choices and your state of mind.
To learn more about Argosy University or to sign up for a degree, certificate or other program, go to www.argosy.edu