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Read our most recent blog posts below
Joining The Yakezie Challenge
When I started giving myself my crash course on personal finance a few years ago, I became pretty familiar with this weird little three petal flower-badge thing that kept popping up on the majority of sites I enjoyed. Every site that had this graphic on their sidebar...
What To Bring To Residence
Life after high school can be pretty exciting, especially if you know you're going to be living in residence when you go to college or university. Residence is a place where there are hundreds of people your age doing the same thing. Chances are you will meet some...
Canada Post, The Strike, and The New Reality
I realize that anytime the government stares down and tries to “break” a union strike there are going to be some strong opinions on both sides. So at the risk of offending people here are my thoughts on the current Canada Post situation. I would love to be shown...
Rich Dad, Poor Dad – Book Review
A couple weeks ago I wrote a review on my favourite personal finance book: The Wealthy Barber. I have read many more personal finance books, and some probably give overall better advice than that found in Rich Dad, Poor Dad by Robert Kiyosaki; however, the main idea...
Debt Consolidation
Much like my “Coffee-a-Day” article, no personal finance site would be complete without an article done on debt consolidation. The truth is that this relatively simple set of principles can save you a lot of money, especially when you are young and taking on a...
Are You Using Linkedin?
When you graduate from university most people either jump right into the workforce, or travel for a while. Many wonder if they should take a gap year after university, but eventually you'll start your career and then it's the same thing day-in and day-out until you...
The Wealthy Barber – Review
If you only read one personal finance book in your lifetime, make it “The Wealthy Barber” by David Chilton. I read his book a couple of years ago and it truly opened my eyes to the world of personal finance and the power it can wield. Chilton is soon releasing his...
How a Great Summer Job Can Benefit You
I know for a fact that my summer job helped me land a permanent position upon graduation (I was told so at the end of the interview). It also helped me get through school without any debt, which as any recent graduate can tell you is a pretty cool accomplishment. ...
How Much Is An Acceptable Amount To Spend on Alcohol?
I was pretty sick of writing about serious stuff like investing for retirement, so I decided to talk about the favourite topic for a lot of University students: Alcohol! Specifically, how much is considered appropriate for a post-secondary student or really any young...
Investing Series – Compound Interest Magic
Over the last few weeks we’ve introduced readers to the basic steps to investing in Canada. We looked at setting financial goals, creating a financial plan, the importance of saving, what asset classes are, what investment accounts/plans we have in Canada, and...
Investing Series – The Mechanics
So now you’re all set with your knowledge of how to invest your money and know what range of options are available to you. Depending on what you want to do there are some final steps you should take in order to actually get your hard earned money working for you. If...
Investing Series – Stocks (Part 2)
So last week I detailed exactly why people should invest in the stock market, and why all the talk about “losing your shirt” or getting rich quick is equally overblown. I just want to take the opportunity to encourage our readers to make sure and ask any questions or...
Investing Series – Stocks (Part 1)
Now that we are on the right path and understand some of the basics of investing it’s time to look at the fun part of this whole deal, the part that can make you a lot of money without requiring you to lift a finger! Investing in stocks (sometimes called equities) is...
Investing Series – RRSPs, TFSAs and RESPs
For the fourth instalment in our investing basics series (click here to begin the journey) we are going to look at the different account options that are available to you as an investor. I’m sure most of you have heard people talking around tax time about how they...
Investing Series – Asset Classes
Now that we have fought through the “boring” but necessary parts of investing we’re going to begin to look at just how you get to make money while you sleep, watch TV and live your life. I am still amazed at how effectively capitalism can work for the people who...
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- MyUniversityMoney staff