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Read our most recent blog posts below
Don’t Trash Your Old Cell Phone
With technology evolving at such unprecedented rates in the modern world, the question many consumers have today is what to do with their old stuff. Many people simply decide that their old laptop or cell phone is junk and toss it into their household garbage. While...
Is College Pro Painters a Scam?
Over the next few weeks here at My University Money we’re going to be taking an in-depth look at a few cool summer job opportunities (even though by this point you should probably have something locked up if you want to say ahead of the game). For our first “profile”...
Is Ontario Teachers College Still a Good Investment?
As a teacher I am often asked by some of my friends (many of them with liberal arts degrees and fascinating careers as baristas and bartenders) if I think it is a good job. This is basically an impossible question to answer, and on any given day my responses could be...
Why Do Professors Have Such Long Booklists?
One key trick that I learned while going to university (and also one we pointed out in our book), is to go to the first few classes before you plunked down hundreds of dollars of textbooks for a course. The reason for this is because many times professors will put...
Can I Contribute To My Own RESP?
This past week in one of my business courses that I teach we were going over the different types of registered savings accounts that Canada offers and one of my students asked me a very interesting question: “So Mr. Prevost, what you’re saying is that if someone puts...
9 Cheap Date Ideas For Students on a Budget
When you’re living on a student’s budget, dating can stretch your finances to the breaking point. You want to go out and do things with your date, but not nearly everything you both want to do is free. Since it’s almost impossible to go on cost free dates, low cost...
How To Become a Railway Conductor In Canada
As someone with B.A. I’ve written about the benefits of getting a liberal arts degree, and the challenges it presents for people who see a B.A. as a direct route to employment. In the final chapter of our new book: More Money for Beer and Textbooks – A Financial...
How Much to Give to Charity?
I often find the question of how much to give to charity a tough one to answer. After all, as a personal finance geek it can be tough to break out of the mindset of saving everywhere one can in order to prepare for the future. Realistically though, as much as we...
Why You Might Want to be an Entrepreneur after Graduation
Universities don’t usually provide much guidance on becoming self-employed. Let’s face it - they mostly train students for life in organized structures. Yet being self-employed is becoming more common with each passing year. And there are certain undeniable benefits...
How the Social Media Profile You’re Building Now Could Hurt Your Job Prospects Later
You’re a university student looking to relax and have some fun in your downtime. So as is the case with so many students you might fill the hours chatting on the social media – Facebook, Twitter, Tumbler, and other interesting sites as they become available. Good,...
Managing a Housing Complex – Creative Income
Sometimes when we think of being able to get through post-secondary education without being a million dollars in debt, we tend to focus heavily on where to cut little bits from a budget in order to save money. There is no doubt that saving hundreds of dollars on...
The Negative Psychological Problems of Being Broke in School
In my opinion, about 90% of what you need to know in life you can learn by watching Forrest Gump. One great money-related insight is revealed when he tells his fellow park bench-sitter: “Though he [Lieutenant Dan] did take care of my Bubba-Gump money. He got me...
What to Look For in a Cheap Used Car
As a university student, owning a car is an expensive proposition. It can add several thousand dollars per year in expenses to an already tightly stretched budget. If you can buy a cheap used car – as in cheap, but reliable – you can cut that expense substantially....
Do You Use Your Savings Account As A Chequeing Account?
As a recent graduate from university I discovered very quickly that I did a poor job at managing my finances as a student. This has become a near "universal" truth for university students. I entered the workforce with a large amount of student loans, a low credit...
Payday Loans: Ditching a Repayment?
Payday loans can be a rough ride there is no doubt about that. If you're in a position to have to take out one of these high-interest tools, then clearly you've missed a few basic personal finance steps along the way. Does that mean that you should be sentenced to...
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– MyUniversityMoney staff