Start planning your financial future by reviewing your credit card and bank account options before starting school in the fall.
How to master your finances after graduating college or university.
Carrying debt = bad, right? Seems like it, according to personal finance 101. But did you know that not all types of debt are created equal – and that certain types can actually increase your wealth? Understand the difference between constructive and deconstructive debt – and how to avoid the latter.
Welcome to life post-grad – and the Canadian job market. The time has come to put those hard-earned smarts to work – and start to receive a pay cheque. But what chance do new job seekers have given the current state of the global and national economy – and the seeming scarcity of entry-level positions? The trick is knowing where to look. Some Canadian sectors are seeing a resurgence – and in some provinces, the more, the merrier.
As much as we all like seeing the balance in our savings accounts grow, aside from having enough cash on hand to pay your bills and daily expenses, it almost always makes more sense to pay off your debts first. Here’s why – and a couple exceptions to that rule.
Your monthly credit card statements arrived in the mail and they read something like this: Total balance: Too much to even think about, Minimum payment: Your left arm AND firstborn, Due date: Overdue. Okay, let’s be realistic here. Most of us have some sort of debt, whether it’s nasty credit card debt, a student loan or a mortgage. So how on earth are you going to pay off your debts AND save money at the same time? As impossible as it sounds, it can be done.