Building credit is a necessary and challenging part of becoming an adult in the US, and throughout the developed world. We’ve talked before here at Wealthtender about how you shouldn’t use your credit score as an excuse to take on debt, but you have to build it somehow. Here are a few safe and simple […]
You’ve probably heard that it’s never too early to start saving for retirement, but is that really true? Should we really be focussed on retirement planning in our early 20s? Should the very beginning of our working life be when we start planning for the end of it? The answer, like the answers to many […]
We often tend to think that a lack of college education will consign us to working low-paid service jobs for the rest of our lives, but that really doesn’t have to be the case. There are plenty of well-paid jobs that are well compensated because they require skills rather than formal education, and a lot […]
The year after you graduate college is as good a time as any to get your personal finances on the right track. Here are a few things to keep in mind as you do. It doesn’t hurt to keep living like a student The idea that graduating is the start of your adult life doesn’t […]
I’ve written before about whether going to college is worth the debt that you’ll inevitably take on in order to graduate. The conclusion was that it at least partially depends on the type of degree you get, as that dictates your future salary. So which college degrees lead to financial success? Which majors earn the […]
Opinions are split, but not evenly. In spite of soaring student debt, often heralded as a crisis by the national media, the majority of students still say it was worth going into debt to get their degree. This is in spite of the fact that US graduates are carrying a staggering $1.5 trillion of debt, […]
The Consumer Financial Protection Bureau (CFPB) just released its annual report of the Private Education Loan Ombudsman, detailing statistics of complaints relating to student loans over the past two years (through August 2019) The report bases its findings on data from the CFPB’s Consumer Complaint Database. The database, typically updated daily, holds information on complaints […]
As I’ve transitioned into adulthood over the last few years, I’ve realized how much impact our upbringing has on our attitudes toward money. It’s well-known that parents play an important role – but what about the generation we grew up in? I was ten years old when the financial crisis hit, and I remember […]
Side hustles, are becoming more and more popular, especially within the past few years. The internet has made finding a flexible part-time job easier than ever. Here in Winnipeg, the food delivery service is becoming super popular. Uber Eats, Door Dash, Skip the Dishes, and others are making it easy for people to work when […]