Announcing the 2022 High Rise Financial Education PSA Scholarship Winner

    LOS ANGELES, CA, September 02, 2022 /24-7PressRelease/ -- High Rise Financial is pleased to announce that it will award its $1,500 Financial Education PSA Scholarship to Shenran Chen for the 2022-2023 academic year.

Shenran already works part-time to better balance her at-school budget. She states that receiving this scholarship will help her better contend with school expenses over the course of the next year.

Shenran is currently a computer science and engineering major at the University of California, Los Angeles (UCLA). With two years of personal finance challenges under her belt, she found a way to impart the lessons she'd learned about financial management via High Rise Financial's scholarship essay.

In her essay, Shenran elaborates on the importance of personal budgeting. She notes that a personal budget helps a person pursue short-term purchasing goals, as well as long-term financial security. This multi-prong approach, paired with an honest conversation about debt, made Shenran's essay stand out from the crowd.

A budget, Shenran says, serves as both a personal guideline and a goal-achieving aid. To establish a successful budget, she recommends:

- Calculating your post-tax income
- Track your spending via a spreadsheet or financial app
- Identify your long and short-term financial goals
- Calculate your spending against your upcoming goals and adjust your financial habits accordingly

Shenran also encourages anyone struggling with their budget to revise their financial plan. Flexibility, she says, allows the average person to contend with unexpected expenses without having to worry about long-term financial stability.

High Rise Financial admires the affable and practical approach to personal finances Shenran outlines in her application essay. This PSA, partnered with her academic success and ambitions for the future, makes her a strong voice for financial literacy in today's rapidly-transforming workforce.

High Rise Financial is excited to facilitate Shenran's continued education at UCLA. We wish her the best of luck with the coming academic year. Future Financial Education PSA Scholarship applicants are encouraged to read through the scholarship's terms and conditions before drafting their PSAs for the 2023-2024 academic year.

About High Rise Financial

High Rise Financial recognizes that civil claims help accident survivors – but only in the long run. The opportunity to request a risk-free loan makes it easier for survivors to both contend with the aftermath of their accidents and pursue legal action against liable parties. That's why our office offers our community access to post-accident financial support.

A loan from High Rise Financial makes it easier for accident survivors to breathe in the wake of their losses. Our clients can use our support to pay for rent, medical bills, and property maintenance while preparing to pursue legal action against an offending party. We keep our offers and relevant interest transparent from the get-go so that the members of our community understand the details of our arrangements.

High Rise Financial wants every accident survivor to have the chance to take a liable party to court. For more information about how you can secure a loan after a personal injury accident, you can contact our office online or over the phone.

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