It’s tricky to be a post-secondary student in 2023. Your family spent years saving for college or university. Now that the moment is here, higher inflation means everything is pricier than expected.
What’s a first year to do? Alongside the right mindset, you’ll need a crash course in personal finance. We’re here to get you started.has discovered that kids today are curious and motivated about managing money earlier than their parents were. And this same research shows that the financial habits of parents are, like it or not, passed down to their children.
As a result, kids who are taught money management by their parents are more likely to demonstrate healthy financial behaviours like saving and budgeting. They are also less likely to have student debt and a bad credit score. are some tips for starting money-wise conversations with your teenager in preparation for their college years.
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