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Graduate Studies: A Good Investment?
“Back to school, back to school, off to prove to dad I’m not a fool” My parents don’t much care if I get my Masters degree or not, but like the incomparable Billy Madison I am going back to school. The interesting part about the situation is that when I graduated from...
Calculating Your Net Worth
When I bought my house last year it was the first time anyone had ever asked me what my net worth was. When I didn’t have a figure ready to go I could hear the sigh at the other end of the line. Now that I know a little more about mortgages, loans and personal finance...
5 Great Reasons to Student Volunteer
“So you mean I won’t get paid? Why would I do it then?” Unfortunately this more and more appears to be one of the mottos of our generation. The idea that there should be an extrinsic benefit to everything we do, or else it’s not worth putting any effort into is a...
Why Students Should Vote
I have to admit that voting, and especially my generation’s take on the democratic process, are topics I can get fairly impassioned about. I teach grade nine Social Studies, which is when students are supposed to learn about civics and how their government functions....
Free Money: Scholarships, Bursaries, and Grants
If you went to a student rally on any campus I’ve ever been to and yelled out, “Free Money! Free Money!” You would be immediately swarmed by a throng of students and would very likely be trampled while onlookers shook their heads at the craziness of it all. Amazingly...
What Should Students Pay For a University Education?
If you ask many of the student union groups, or left-wing think tanks across the country (in fact across the Western World) they will tell you that in an ‘advanced’ country like Canada, post-secondary education should be equally available to everyone. This usually...
Living With Roommates – Part 2: Splitting The Rent
I wrote an article the other day about living with roommates, focusing on splitting the grocery bill. Today I'm going to talk about splitting the rent. If you live in residence than you don’t have to worry about collecting rent from your roommates, unless you have one...
12 Must Know Interview Tips For Graduates
Last week I posted an extensive article on tips for new graduate resumes. This week we’re going to shift gears a little as we now assume that your resume was shortlisted, you were called, and you now have to prepare for an interview. Now the real fun starts. Last...
10 Graduate Resume Tips
As a newly minted graduate last spring I was extremely nervous about getting a job and learning all the steps to the resume/interview dance. Everyone you talk to has different advice, and the truth of the matter is that luck plays a huge part in the process....
Living Frugal In An Apartment – Part 1: Electricity Bill
When you’re in school you’ll either be living in a townhouse, apartment, university residence, or living with your family nearby. After my years at school with a low bank account I learned a few tricks to live comfortably without sacrificing too much. I lived in...
RESPs – A Great Graduation Gift
As I stated in my article, “7 Reasons Why I Graduated With 2 Degrees and No Debt” I am very thankful for the fact that my parents decided to start a family RESP for myself and my brother. If it wasn’t for the money my parents earmarked for me (about $4,000) per year...
RESP Rules – Not Exactly Tax Free
The first thing to realize about RESPs is that they are taxed in the hands of the student and do not add income of any kind to the subscriber. This is intentionally set up by the government because students usually don’t use all of their tax credit room anyway. RESP...
RESP – An Investment For the Future
What many people don’t realize about a RESP (and RRSPs for that matter) is that it is a plan and not an actual investment product that you buy. RESPs were initiated by the government to provide people with a tax free incentive to grow investments that are earmarked...
Living Frugal In An Apartment – Part 2: Utilities
Utilities in any given apartment can add up to be near the cost of rent in some cases. You need your electricity, your natural gas, and your water/garbage removal, so all you can do with those bills is to try to reduce them. For tips on how to reduce your electric...
Time Management and the Pareto Principle
“It’s not the hours you put into your work that counts, it’s the work you put into your hours.” -Sam Ewing I received pretty good marks in university. I never won university-wide awards or prestigious medals or anything like that, but I did well enough to...
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- MyUniversityMoney staff