I wish I had known sooner
I always knew growing up that adults were responsible for their spending.
Being in my late twenties, this is now my reality. I regularly pay bills, but I don’t know how to declare my taxes myself. Also, other than what little I have read in books, I know very little about investments or even housing. If I did, I’m sure I’d be wiser with the money. I would make my own coffee instead of frequenting nearby cafes. I might finally make the choice to buy e-books instead of physical books or at least borrow a copy from my local library.
Personal finance is one of those things I wish was taught in school. So when I learned that McGill would be offering a free course on personal finance to anyone interested, “Sign me up,” I thought to myself.
I was wondering if Concordia offered a similar course. I did some research and found that the John Molson School of Business department at Concordia offers a credit course on personal finance to its students. This finance course covers many topics including stocks, credit, mortgages, financial planning and more. Although this course is not free, it is worth checking out, as Concordia is well known and respected for its JMSB programs.
2022 has seen an increase in inflation rates, the highest for 30 years. I think it’s more important than ever for students to know how to manage their finances as the cost of living increases. It is the stage of a person’s life where they build their future. Personal finance is one of them. Whether you want to own one day or retire at a certain age, understanding finance gives you the skills to be financially stable.
Everyone would benefit from a course on budgeting, saving, investing, and understanding debt, among other finance essentials. This course has the potential to change lives. It could teach people to save and spend smarter; and, therefore, avoid living in financial stress, an existing reality for Canadians. This course would provide the knowledge, skills, and confidence to help people protect their future and that of their loved ones by making better financial decisions. A finance course is a smart way to start your journey to financial freedom.