4. Consider Paying Student Loans While in School

3. Create a Written Budget

Start by writing down what your monthly income is from all sources. Whether it’s your average paycheque from your job, an allowance, inheritance, money from investments, etc.-if it’s income, you should include it in your budget.

The next step is to write down your current liquid assets (i.e., the money available to you in your bank account). If you’re not currently earning an income, this may be all you have to work with for your entire post-secondary education (no pressure). Read more