#FinancialFridays: Budgeting 101 for Students

Going to college or university this fall? Attending post-secondary school can be a daunting experience when it comes to balancing expenses associated with school and living away from home. Add in a global pandemic and heading back to school can be even more stressful.

The Financial Consumer Agency of Canada has prepared some great budget information and advice for students. You can find this information online at:
https://www.canada.ca/en/financial-consumer-agency/services/budget-student-life.html

And be sure to check out their Budget Worksheet that will help you work through your income and expenses while illustrating financial shortfalls and areas to improve.

The Budget Worksheet can be found at:
https://www.canada.ca/en/financial-consumer-agency/services/budget-student-life/student-budget-worksheet.html

Attending post-secondary school can be a wonderful time of our lives. Minimizing financial stress as much as we can will certainly improve our overall experience and allow us to focus on other important aspects of school.

Good luck at school! We wish you the best!

Have questions on how you can improve your financial health? Our Financial Literacy Program can help. Please contact our Program Coordinator – Caroline Araujo Abbots to arrange an appointment. Interested individuals may reach out to Caroline directly at advice@unitedwaybg.com or by phone at 519-378-4773. The service is free and completely confidential.