"Growing up, I experienced the pitfalls of my parents not understanding how to manage money. My father is first-generation American, Filipino, and my mom is half Black and half white and has enslaved person ancestry. Both of them wanted to make money and create a better life for themselves, but they didn't know how to invest or even save their money."
"I wanted to be the generation that stops the cycle of being financially irresponsible. I knew I had to go to college. My mother finished college; my grandmother had her master's degree in education. I felt I had to at least get my undergraduate degree, coming from a legacy of women who considered education the way to financial freedom. My parents said they could help with my rent during college, but that was about it."
"But when it came to tuition, there was no game plan. My parents dropped me off at the financial office at the University of California, Santa Barbara. The office told me that I could take loans out and wouldn't have to pay them back until I graduated. I just wanted to make sure I got my education. So I signed the documents. I had a series of different loans, but I didn't"
Marissa grew up in a household where parents lacked knowledge about managing and investing money, which led to unstable finances and occasional inability to buy necessities. Her father is a first-generation Filipino American and her mother is half Black and half white with enslaved-person ancestry. She resolved to stop the cycle of financial irresponsibility and pursued higher education as a path to financial freedom, following a family legacy of educated women. Her parents could only help with rent, so she worked part-time at Nordstrom. When it came to tuition, she relied on university financial office guidance and signed multiple loans.
Read at Entrepreneur
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