Let’s Talk Money: Debt Management

Debt refers to the amount of money that one person, organization, or government owes to another person, organization, or government.

Types of Debt

There are different types that students should consider before deciding to borrow money. The Government of Canada provides an extensive list of different types of debt such as lines of credit, personal loans, etc. It also outlines different questions to ask yourself before incurring debt.

Managing Debt

This website provides some helpful tips and services for managing debt. 

Student Loan Repayment

If your current debt is mostly government student loans, and you’ve graduated, or you’re just about to leave school, here’s what you need to know about repaying student loans.

Learn more about managing your money. Check out these topics.

BUDGETING


Manage your money to better understand where you stand, and minimize your money-related stress.

CREDIT


Credit is money that you borrow, with the understanding that you will pay it back. It can help cover some of your costs, as well as accrue points to help you further.

AWARDS


Think: scholarships, loans, government grants, and UTAPS. Money which can be worth applying for.

EXPENSES


Understanding your expenses will help you gain a bigger picture of your budget, and how to help with your financial stability.

WORK


Have you heard of the Work Study Program? Or Experiential Learning? You’ll find opportunities through here.

DEBT MANAGEMENT


Manage your debt can set you up for future success. Find resources about debt, and things to consider.

WAYS TO SAVE


Student discounts! Savings on TTC, entertainment, and more. Check out all of these awesome ways to save.

TAXES


Taxes do not need to be scary. Need help with understanding or filing your taxes? This is where you need to be.

OTHER RESOURCES


Find workshops, videos, and extra resources curated just for you.

Types of Debt

There are different types that students should consider before deciding to borrow money. The Government of Canada provides an extensive list of different types of debt such as lines of credit, personal loans, etc. It also outlines different questions to ask yourself before incurring debt.

Managing Debt

This website provides some helpful tips and services for managing debt. 

Student Loan Repayment

If your current debt is mostly government student loans, and you’ve graduated, or you’re just about to leave school, here’s what you need to know about repaying student loans.