Staff Pick: PFD

College savings (or frivolous spending) accounts got $1600 richer yesterday when the Permanent Fund Divided checks were deposited.

If you could spend your PFD on anything in the world, what would you spend it on?

Jared Valentine:  Fortunately and unfortunately, I don’t get my PFD. I’m told it all goes to college funds. If I did get my PFD, however, I would spend it on a bunch of stupid stuff I don’t need. I can save money when money is limited but the $1600 dollars we get this year would be more than enough to justify reckful spending. I would probably start by buying clothes and “necessities” that make everyday life easier. After that I would slowly embrace a vicious cycle of me telling myself “I might need that someday.” For example, I’ve always wanted a paddle board. In Ketchikan specifically the seasons for paddle boarding are very limited and during those seasons I’m usually caught up with work. Even with all this in mind, I would tell myself again, “I might need that someday,” before proceeding to invest in one just for storage in my garage.

Olivia Kinunen: If I could spend my PFD on anything I would put it towards a vacation to Italy or Ecuador. Traveling the world has always been something that I want to do so I can experience different cultures, meet new people, and see new things. One of the worst parts of traveling is the cost, though, so if I save up money from work and my PFD’s it will all add up eventually so I can take a trip somewhere around the world. The reality though is that I will probably end up using my PFD to pay for gas, food and for college which is super lame.

Madison Rose: Extra money is always a good thing to have. Even though I am a heavy shopper and do enjoy buying things that benefit me, I am also a smart shopper and usually invest my money towards something with more worth. Some of the many things that I do not wish to spend money on but need to include gas, food, movies, fees, activities, material, fundraisers, and fanciest of them all a trip to Europe. This is something I have been working for, because it does not come cheap. With the help of a PFD, I can accomplish this goal more easily. College is another important thing for me to consider saving for.

Connor Wodehouse: The cost of the Close Up trip to Washington D.C is around $2000, that would be a quick and easy use of a PFD. That, or there’s this pretty sweet accordion on Amazon I found for $178.99. Like, who can you think of that plays accordion? That’s right, after this year’s PFD Connor Wodehouse is gonna break it down on the accordion, probably. Plus a little college saving on the side never hurt anyone. But the reality is that it’s probably going into savings, that would be the most money-wise thing to do in my opinion. Not all of it though, just most of it. Some would go towards Kayhi activities, some for the accordion, the rest? That’s for either myself to figure out or for college.

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