Young Money With Tracey Bissett

EP05 Biggest Mistakes Made When Educating Young Adults About Student Debt

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Sinopse

It’s hard to be a post-secondary student in today’s economic society. The grades you need to get into post-secondary schools are high and the cost of tuition gets more expensive with each passing year. Although there are often grants, scholarships, and other financial programs available, many post-secondary students use credit cards and student loans to put themselves through school. In fact, 9 out of 10 post-secondary students carry at least one credit card to help make ends meet. On today’s episode, I’m sharing some startling Canadian student debt statistics that are impacting our young adults. I’m also discussing the three biggest mistakes people make when educating young adults about student debt, student loans, and using credit cards as well as how to avoid these mistakes and plan for a better, more financially fit future.   “Credit cards are neither good nor bad. It’s all in how you use them.” - Tracey Bissett This Week on Young Money: Evaluating costs associated with obtaining a post-secondary educat