October 2011 Budget

Okay, the time has come. By the way, I can't believe it's already been a month since I started blogging.  I honestly don't know how to even start but I assume that's how a lot of university students feel as well. I'm basically going to ballpark everything this first month and then adjust accordingly next month. The plan is to have a realistic budget by the end of the year.

Investing 101: Compounding

Let's talk about what to do with all that money that you've worked so hard on saving up. In this section titled Investing 101, I'll go over different terms and ideas that every investor should know.* Hopefully the information provided will help give you a general idea of how things work and build a foundation for you to go and further educate yourself. Welcome to class. Today's topic? Compounding.

Paid to Play

Along with saving money and spending wisely, another way to reach your goals is to increase income. One way to do this is to get an additional job, however it may be quite exhausting juggling two jobs, family, a social life, and school (if applicable...if not applicable then I envy you). So today we are going to talk about other ways to make a little side money while doing things that you enjoy.

Riding the Rocket: Part 2

The cost of commuting is a huge expense for me and this is what I had to say about it last time.

So we talked about determining whether a monthly pass was a better option than paying for bus tokens. Unfortunately we're not done for the year. We actually have to calculate it for each month. Some months have holidays and February is short a couple days as well (this could make a difference depending on which days the month falls on). This requires good foresight in terms of what you have to do in the coming month.