Released on November 30, 2016
The Financial and Consumer Affairs Authority (FCAA) wants to help students transition from the classroom to the working world with helpful financial tips.“Life can be very busy when you’re finishing school, looking for a full-time job and thinking about starting to pay your student loans,” FCAA Securities Division Director Dean Murrison said. “We want students to start the next phase of their lives with some knowledge of how to manage their money so they can prepare for the future.”
Getting your finances in order and understanding how to budget doesn’t always come easy. Here are some financial tips to help the transition:
- Make sure you’re not spending more than you’re bringing in.
- Start putting away money every paycheque for emergencies and retirement.
- Always pay your credit card balance on time and if possible, in full.
- Make a monthly budget to keep track of your expenses and income.
- If you have extra money after putting away savings for retirement, think about investing and do it wisely.
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For more information, contact:
Shannon McMillan
Financial and Consumer Affairs Authority
Regina
Phone: 306-798-4160
Email: shannon.mcmillan@gov.sk.ca