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Budgeting Advice

As a student, it is imperative that you budget throughout the academic year. By preparing and adhering to a budget, you will save yourself a lot of stress and anxiety. When you’re trying to focus on your studies, the last thing you need is to be distracted by financial worry.

The purpose of a budget is to give a clear idea of your current financial status. It will allow you to keep track of your spending, and it will help you determine where changes can be made in your spending habits to ensure that you are always living within your means. Most importantly, you have to be sure that your basic needs are covered. This includes rent, utilities, transportation, food, and any other basic living expenses. 

For more information about budgetary best practices, feel free to explore the following external resources:

Government of Canada Budget Estimator