Education Costs Money, Ignorance Costs More… Welcome to My University Money
%
Financial independence? You're halfway there.
Read our most recent blog posts below
Student Advisors – Positive or Negative Experience?
Student advisors may have a pretty bad reputation of ruining your academic career. This is often brought on by just by making a normal human mistake, or just some terrible advising. This is why the student is responsible for going over their course planning to be...
Dollar Cost Averaging Strategy
There is this cool thing that happens when you ignore all the stock picking stuff that people talk about, stop paying attention to the “experts” on TV and simply invest your money in a dispassionate and consistent manner. The aforementioned "cool thing" is that you...
3 Ways Higher Education Can Get You That Promotion
Having a decent job is great, but sometimes, everyone wants a bit more. Getting promoted to a new, better position within your current company is often more beneficial than starting an entirely different job, but it can be tricky to get ahead where there are so many...
Why Do We Assume We Are Smarter Than The Other Guy?
Humans (and probably more men than women in this case) are a very weird and irrational species at times. When I watch TV or surf the net and see the incredible amount of money that is spent trying to attract small-scale individual investors to various financial...
Gold vs McDonalds
“Gold gets dug out of the ground in Africa, or some place. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.” -Warren Buffet Like my boy...
Should I Work During the School Year?
When students arrive on campus for the first time with visions of red solo cups and shiny new student loan cheques dancing in their heads, few give much thought to the idea of when, where, and even if they should work as they pursue their post-secondary education. I...
New Year’s Goals Revisited
1) Save 35% of my net income I will make roughly 55K in gross income this year. By the time my taxes, pension, union dues, medical, life insurance, and the 1001 other deductions are taken off, I will take home about $2,700 per month. After I take out my mortgage...
Auditing A Class
There’s a few things I would do differently if I was to redo my university experience. One of those things would be to audit a few classes. Audit is kind of a vague term, but it basically means dropping in on a class that you aren’t “taking” or getting credit for....
Leveraging Your Wealth to Prepare Your Children
There are literally thousands of articles on the internet about how to be a good parent in regards to teaching your child about money, or how to best make sure that your children understand personal finance. This is not one of those thousands. Many parents believe...
Book Review: The Paradox of Choice – Why More is Less
Choice is something that has always interested me. It is the reason why I started casually studying economics—the study of how people choose. I was always intrigued of when some people are presented with the same choice, some of them take much longer to arrive at a...
Why You Should Take Out Student Loans
If you’re parents are like mine (pretty solidly middle-class) they raised you to have an aversion to debt. Don’t go into debt unless you absolutely have to was one of the only pieces of financial advice that was ever given to me. Now you can learn much worse...
Study Abroad – Educational Exchange Program
I had always wanted to take part in an educational exchange program, and I finally had an opportunity when I went to university. For my third year of university I applied to take part in an educational exchange program with the University of Braunschweig in...
Tablets – What To Look For When Buying One
A few weeks ago I became the proud owner of an ASUS tablet. Before I purchased the tablet I spent hours reading reviews, playing with them in stores, and researching the many different aspects tablets have to offer. No tablet is perfect, but I’ll run through some of...
Leaving Home and New Experiences
For many, with high school ending and summer travel or moving plans just around the corner, the time has finally come to pick up and leave home! Although it may feel like the count down has lasted way to long, the reality of situations like these can quickly turn...
Average vs Marginal Tax Rates
When I was in university I couldn’t have cared less about knowing the difference between average tax rates and marginal tax rates. I just knew that I got a nice juicy refund every spring (when it was sorely needed) because as a student I got a lot of cool tax breaks...
Looking for additional content? use our top navigation bar and choose the category you’re interested in or hop over to our first time readers page which contains links to our most popular posts on the blog. We are currently in a process of reorganizing the content to our best ability so it will be even easier to find the information you need. Thank you for visiting us and reading. We are eager to read feedback! Please comment on articles you think are comment-worthy, we promise to respond!
– MyUniversityMoney staff