Millennial Frugality to Financial Freedom

April 13, 2016 Mariam Walaa 0

There are two types of people in this world: clueless consumers and sparing savers. In the wake of the global financial crisis, however, many lifestyles took a drastic turning point in terms of personal finance. The desire to run into the arms of frugality came naturally for individuals as they dumped their precious investments and gave up major living necessities. […]

Mastering Your Finances

February 22, 2016 Umang Bengali 0

In the coach compartment on a flight from YYZ to JFK I found myself sitting next to a well-clad individual that was busy scribbling away in his journal. Through small talk I managed to size him up as a wealthy individual that ran multiple successful businesses. As the conversation progressed I casually asked why he didn’t buy a business-class ticket […]

Saving up for University: Tips & Tricks

January 11, 2016 Jelani Smith 0

State of Mind Episode 7, ‘The Cost of Education’ is about the rising Education prices. As mentioned by Krishna Nadella, a study by the Department of Agriculture stated that it costs the average middle class family in America over $245,000 to raise a child. However, it can easily cost more than that to send a child to college. The main […]

STATE OF MIND – ‘The Cost of Education’

January 8, 2016 Krish Puri 0

‘The Cost of Education’ is a web-based discussion focused on how households can most effectively save for higher education. A recent study conducted by theDepartment of Agriculture revealed that the cost to raise a child for an average American household can be up to $245,000 over eighteen years. According to the study, it can cost the same family twice as […]

Where Should I Keep My Money?

July 30, 2015 Jelani Smith 2

It’s always nice to have extra cash set aside, for general purposes, such as emergency funds, tuition payments, bill payments. However, when you have excess cash on hand, what do you do with it? There are many options, from spending to saving it. Obviously, I would recommend saving it. Create a budget, and minimize costs as much as you can. […]

Student Finances: Should I Buy a Car?

July 23, 2015 Jelani Smith 2

College is definitely not cheap; with tuition costs rising each year, faster than inflation. As young adults, there are many decisions to be made, from choosing your program, to the financial decisions. Like any decision made, personal finance decisions made at a young age will definitely have an impact on your future. So, make sure to think twice. Cost Analysis  […]

Investment Strategy: Leveraging

July 21, 2015 Jelani Smith 0

Interest rates are at an all time low, with economies around the world maintaining low interest rates, or slashing rates, such as Bank of Canada’s recent decision to lower the interest rates to 0.5% in July 2015. How can we take advantage of this? Low interest rates do have economical benefits, such as lower interest payments on debt. Keep in […]

Student Life: Personal Finance

June 30, 2015 Jelani Smith 0

Rising tuition, rising textbook costs, rising food prices – it seems to never stop. For a typical student attending university or college, managing your personal finances isn’t always easy. According to Stats Canada, the average Canadian University tuition for the 2014/2015-year is $5959. However, some programs, such as Dentistry can easily cost over $18,000 per year. These days, tuition appears […]

3 Rules To Successful Investing

February 5, 2015 Jelani Smith 5

Equities are known to have higher volatility over the short run; hence they’re considered more of an investment for the longer term, where there is typically an uptrend. Many equity investors go into the market with the objective of making the highest Return on Investment (ROI) possible, however it is important for them to keep in mind the three basic […]