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Aug 29, 2023 · Before you shop, make sure you download apps that can help you save money and stick to your monthly budgets. Most of these money-saving apps are free and can be downloaded on Android and Apple phones. Save up to 30% on over 450 top brands, from fashion to tech and everything in-between, when you register for SPC+.
- CIBC
- Make a budget. Check out this Student Budget Worksheet from the Financial Consumer Agency of Canada to help you find out where you might be spending during the school year, including things you might not think about, like taxi and Uber trips and monthly bus passes.
- Track your spending. If the money in your student bank account has a tendency to disappear each month, it's time to get serious about tracking your spending more closely.
- Wants vs. needs (the 50-30-20 rule) Another simple way to divvy up your budget is by using the 50-30-20 rule: put 50% of your income toward needs, 30% toward wants and 20% toward savings.
- Stick to your budget. This is the hardest part, of course, but it's important. Set up reminders for yourself to check in periodically to make sure you're still on track.
- Withdrawing from RESPs
- Financial Aid For College and University in Canada
- How to Save Money During School
When it’s time to cover the costs of post-secondary tuition, housing and books, you’ll want to know the steps involved in withdrawing from your family RESP. Regardless of who made the contributions—a parent, grandparent, other family member or family friend—the withdrawals are usually taxed based on the student’s income (their marginal tax rate). T...
There are many paths to funding your education, aside from your own savings and your parents’ contributions. Look for bursaries, scholarships, grants and provincial loans that may be available to you. Check with your financial aid office. If you need to fund your post-secondary education but don’t have enough savings, you can use student loans to f...
Even if you have scholarships, other funding or a steady paycheque from part-time work, you may still have a tight budget throughout the academic year. Several strategies can help you save money and take advantage of your student status, including making the most of student discounts and finding cheaper travel and textbook options. Read about money...
Dec 1, 2023 · Whether you’ve just started university or have been in college for a couple of years, being a student can be financially straining. Of course, saving money as a student is more than just pinching pennies – it’s about mastering the art of budgeting, making savvy choices and enjoying your independence. We all know the costs, […]
Sep 7, 2022 · So, how can students best budget and save during the school year? We brought in Moorhouse to give her best tips and advice for this week’s #MakeItMakeSense. Getting your budget organized. If ...
Oct 23, 2023 · 3. Use Coupons. Using coupons is still a good way to save money when buying back-to-school items. Look for coupons in newspapers, online coupon websites, and store websites. You might find some great deals. Just make sure to read the fine print and understand the terms and conditions before using a coupon.
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Sep 1, 2023 · Depending on whether you are a domestic or international student, on the number of placement terms, and on which year you enter into the program, the co-op fee can range from $485 to $1,063 per ...