PrepWell Podcast with Phil Black
PrepWell Podcast with Phil Black
Phil Black
What Should I Spend Money On In High School?
32 minutes Posted Mar 27, 2022 at 12:00 pm.
Common goal
Are you tracking?
Not for everyone
4 categories of spending
Category #1: Academics
Unlimited book budget
Academics must be a given
Tutors
SAT/ACT prep
Category #2: Advice
Category #3: Sports
If money is no object...
If money is an object...
When to go all-in with your money
Pop quiz
Category #4: Experiences
Thought experiment
What not to spend on
0:00
32:44
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Show notes
Show Notes:
In this episode, I discuss different ways to think about allocating money during high school.  How much do you spend on academics versus sports versus extracurriculars? What's the best use of money and why, especially if you don't have an unlimited budget.  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Podcast Host: PrepWell Academy's Founder, Phil Black, has spent a lifetime cracking the code on the world's most competitive programs: Yale University, Harvard Business School, Navy SEALs, Goldman Sachs, Entrepreneurship, Shark Tank (2X), etc.
 
Inside PrepWell Academy, Black teaches students everything they need to know about the college admissions process in a series of expertly-timed, 3-5-minute, weekly training videos starting in 9th grade and continuing through 12th grade [Note: this program can only be joined in 9th or 10th grade]. My specialties include military service academies, ROTC scholarships, Ivy League, and student-athletes.