One common theme in personal finance literature is that saving money is not easy.\u00a0 It seems like saving money is like exercise; you don\u2019t always want to do it but it\u2019s extremely rewarding.<\/p>\n
While some of my classmates dread the burden of student loans, I rejoice in the fact that after graduating I might never have to deal with tuition woes again.<\/p>\n
Sometimes <\/span>I find comfort in this because I\u2019ve been paying more than $20,000 a year for tuition alone as an International student at Carleton University.<\/p>\n I used to use the excuse that I do not make enough money to save, but now I\u2019ve gotten in the habit of saving money and setting short and long-term saving goals.<\/p>\n The habit of saving money <\/strong><\/p>\n Chinazom Chidolue graduated with a Bachelor of Commerce in Accounting in 2015 and now works for a top accounting firm in Toronto, but she admits that she was never really a money person. In other words she used to spend a lot.<\/p>\n Her advice is simple, \u201cstart small and start now.\u201d<\/p>\n \u201cIf you make it a habit now it will be easier when you do start making more money,\u201d she said.<\/p>\n Chidolue doesn\u2019t have student debt either, but she understands the road to financial independence is a difficult one without the right advice. So she started a blog, Investment Conversations<\/em> to provide a platform for other young people to start taking better care of their finances. \u00a0Through this website, she hopes to inspire young people to demystify personal finance.<\/p>\n Setting savings goals <\/strong><\/p>\n \u201cYou have to have a purpose,\u201d said Bridget Eastgaard, the brains behind the personal finance blog, Money After Graduation.<\/em><\/p>\n \u201cTransferring money into a savings account just to have it isn\u2019t very motivating.\u201d<\/p>\n Five years ago she owed $21, 000 in student loans when she graduated from university and had no savings at that time. She started her blog to keep track of her debt repayment and be accountable. She now has an MBA in finance and she helps other young people learn how to manage their money as her full-time job.<\/p>\n Her go-to savings advice is setting savings aside automatically with every pay cheque.<\/p>\n \u201cIf you get paid every Friday, set your savings to happen every Saturday,\u201d she said.<\/p>\n \u201cIt happens without you thinking about it.\u201d<\/p>\n Keep calm and save money by practicing these simple tips to nurture the habit of saving!<\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" One common theme in personal finance literature is that saving money is not easy.\u00a0 It seems like saving money is<\/p>\n","protected":false},"author":113,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[407],"tags":[415,416],"class_list":["post-4219","post","type-post","status-publish","format-standard","hentry","category-personal-finance-2016","tag-personalfinance","tag-saving"],"_links":{"self":[{"href":"http:\/\/www.cusjc.ca\/ottawainsight\/index.php?rest_route=\/wp\/v2\/posts\/4219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.cusjc.ca\/ottawainsight\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.cusjc.ca\/ottawainsight\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.cusjc.ca\/ottawainsight\/index.php?rest_route=\/wp\/v2\/users\/113"}],"replies":[{"embeddable":true,"href":"http:\/\/www.cusjc.ca\/ottawainsight\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4219"}],"version-history":[{"count":5,"href":"http:\/\/www.cusjc.ca\/ottawainsight\/index.php?rest_route=\/wp\/v2\/posts\/4219\/revisions"}],"predecessor-version":[{"id":4228,"href":"http:\/\/www.cusjc.ca\/ottawainsight\/index.php?rest_route=\/wp\/v2\/posts\/4219\/revisions\/4228"}],"wp:attachment":[{"href":"http:\/\/www.cusjc.ca\/ottawainsight\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.cusjc.ca\/ottawainsight\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4219"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.cusjc.ca\/ottawainsight\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}