The costs of moving out on one’s own go way beyond that of a moving truck and a few pieces of furniture. Read on to discover the hidden costs of moving out, and financially prepare for the big step.
With the cost of living, real estate and education steadily rising, it’s arguable that today’s young adults face steep financial challenges. But does that mean they should depend on their retirement-aged parents for help? In light of reports that suggest today’s retirees are among the richest in history, Ted Rechstshaffen, a Toronto-area financial planner, suggests it makes sense for cash-strapped adults to continue to depend on their financially secure parents.
Are new grads five years behind financially, compared to previous generations? Those finishing up at post secondary school this year are facing a whole new slew of challenges, from small wages, underemployment, and general money management. Here’s a look at what new grads can expect.
There’s increasing amounts of evidence that millennials really DO have it tougher than generations past, as unemployment, debt and expensive housing remain pressing issues.
Meet RateSupermarket.ca’s Get Out Of My House winner – Ando!
The results are in from RateSupermarket.ca’s ultimate Mothers Day giveaway! It’s time to unveil our winner!
Join the discussion on young adults and financial literacy with @RateSupermarket and #RSmgetout!
Meet Get Out Of My House guest judge Benjy Katchen. Read on for his commentary on the financial challenges facing today’s young adults.
Meet Kyle Prevost, RateSupermarket.ca Get Out Of My House guest judge, blogger at Young & Thrifty, and author of More Money for Beer and Textbooks. He has some choice words for the entitlement shown by Generation Y – read on for some hard truths about gaining financial independence.
Youth unemployment continues to be a huge issue on an international scale. In Canada, unemployment for this group has reached 14 per cent – double the national average! Read on to learn more about the financial challenges facing this group.