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It can be easier to work with your finances by using some budgeting finesse. There are a number of online tools as well as websites to help you get started.
Smart phone apps can be a good starting point for budget tracking because you likely have your phone with you when you’re spending money. With apps like ‘Mint.com for Personal Finance’ or ‘Visual Budget Expense Tracking’ you can enter a monthly budget and it will track what money you have left over as you input how much you are spending.
If you are already in debt, another free app is ‘Debt HD Free’. It helps you track and manage your debt and even project when you will have it paid off. The app helps you to track your individual payments, and develop a strategy for the debt you have. It can remind you of your monthly payments, project reports, and schedules.
The ‘Can Learn’ website has some excellent tools and information for those with student loans. It estimates your monthly costs for paying back your student loan & shows how much interest you will pay depending on the length of the loan.
For more help with budgeting, student loans, working with student debt and emergency student loans please visit the Peer Support Centre >> https://samru.ca/supportServices/psc
For links to some of the websites and tools mentioned in this article, please email the Student Advocacy Coordinator >> https://samru.ca/supportServices/StudentAdvocacyCoordinator
-By Andrea Davis, Student Advocacy Coordinator