Vancouver is Canada’s most expensive city and the startup costs from tuition and books can leave a gaping hole in your wallet.
While you would be forgiven for being nose-deep in your books, it’s time to take a minute to reflect on how you’re managing your money. Do you have a budget? Or are you spending on the go?
University is expensive and there are endless opportunities to spend your hard-earned income or student loans. By making some small changes today, you can save yourself a lot of money over time.
Making a monthly budget is the first step towards staying on top of your finances. Budgeting gives you a big-picture view of your money, so you can make informed spending and saving decisions. It can help reduce the amount of debt you have once you graduate because, trust me, you don’t want to enter the working world with $30K of debt.