You will come up with ideas based on the book you have read. The discussion on Monday, January 16 will have guided questions that can lead to ideas as well. Your essay must have a thesis, a description of the situation, and arguments to prove your thesis.
Examples:
Personal finance should be a mandatory course in high school.
Payday loan companies such as Money Mart only prey on the unfortunate and should be banned.
Payday loan companies provide a necessary service in society.
The CPP should be increased.
The CPP should be shut down and instead people should be responsible for their own retirement savings.
If everyone does as the personal finance writers say and start to save more and spend less, Canada will quickly go into recession.
There is no such thing as "good" debt.
You should save some money every week/ month, no matter what your age or income.
The very best investment you can make is to buy a house.
You should never rent if you can afford to buy a home.
Renting a home instead of buying can be a wise financial choice for life.
When making decisions, considering opportunity cost can help you make wiser decisions
.
Gail Vaz-Oxlade and others suggest a cash only system for people with money troubles. As money is becoming more abstract, people will lose track of their spending and struggle more financially.
Managing your spending is becoming easier thanks to e-banking and mobile apps such as Mint.
Ghostlight
5 days ago
