Week 3: Manage Money for Student Life
Written by The Content Team | Published on November 15, 2017
Written by The Content Team | Published on November 15, 2017
The theme of week three of Financial Literacy Month (FLM) – an annual initiative in November to strengthen financial literacy levels in Canada – is managing money for student life.
Tuition costs alone, without taking into account other costs associated with a post-secondary education, are on the rise. According to Statistics Canada, average tuition for full-time students in undergraduate programs for the current 2017-2018 school year reached more than $6,500, up a little more than 3 per cent from a year ago.
Saving for education, budgeting and planning can all be important steps in managing money for student life.
As we follow along with FLM this year (#FLM2017), we're highlighting some of our most relevant resources related to each week's theme. Here are five suited to managing money for student life. Enjoy exploring!
We answer nine frequently asked questions about Registered Education Savings Plans.
One funding option I didn't know about? The Lifelong Learning Plan.
Recent media buzz over smashed avocados pushed spending habits into the spotlight.
Keep in mind Fear of Missing Out when it comes to health and investing trends.
Find out how cognitive and emotional biases can play into your decision making.
Check back next week for more #FLM2017 inspiration. Find last week's highlights here.
RBC Direct Investing Inc. and Royal Bank of Canada are separate corporate entities which are affiliated. RBC Direct Investing Inc. is a wholly owned subsidiary of Royal Bank of Canada and is a Member of the Investment Industry Regulatory Organization of Canada and the Canadian Investor Protection Fund. Royal Bank of Canada and certain of its issuers are related to RBC Direct Investing Inc. RBC Direct Investing Inc. does not provide investment advice or recommendations regarding the purchase or sale of any securities. Investors are responsible for their own investment decisions. RBC Direct Investing is a business name used by RBC Direct Investing Inc. ® / ™ Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada. Used under licence. © Royal Bank of Canada 2017. All rights reserved.
The views and opinions expressed in this publication are for your general interest and do not necessarily reflect the views and opinions of RBC Direct Investing. Furthermore, the products, services and securities referred to in this publication are only available in Canada and other jurisdictions where they may be legally offered for sale. If you are not currently resident of Canada, you should not access the information available on the RBC Direct Investing website.
Here’s what we saw on the trading floor in April 2025
Here’s what we saw on the trading floor in March 2025
Making these projections might seem like a black art, but there’s science behind it too