EP199 Financial Fitness in 2021: A tale of postsecondary students, the pandemic & their finances

I recently spoke with the Canadian Association of Student Financial Aid Administrators, a group of hard-working professionals supporting students across Canada at colleges and universities, about financial fitness in 2021, and today I’ll be sharing with you the thoughts I spoke about with them. It was wonderful to hear their perspectives and questions as they continue to look for ways to support students.

Listen in to hear about the financial implications of the pandemic, as well as the impact of the pandemic on the finances of postsecondary students. You will learn how to better support students in their financial fitness journeys, why the pandemic hit women harder than men, and the importance of being mindful of your spending.

Incur as little debt as you can.” – Tracey Bissett

This Week on Young Money:

  • The financial implications of the pandemic.
  • The impact of the pandemic on the finances of postsecondary students.
  • How to support postsecondary students’ financial fitness.
  • The impact the pandemic had on women.

Key takeaways:

  1. Get back to basics.
  2. Have an emergency fund.
  3. Ask for help when needed.
  4. Be open-minded.
  5. Be kind.

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