Financial Tool Kit
Storyboard Text
- Congratulations!
- I am so happy that I got accepted to Centennial College. Let me review all of the costs so I will be prepared. I have to go somehwere quiet to think.
- I am excited but a bit worried.
- There's so much to think about...tuition, transportation, books, food, clothing......
- Be calm and think this through.
- Calm down Sibyl. Remember you have a plan and a budget. You have an RESP that your mom has been paying into. You have your savings account that you have put all your money in from your job. You might be able to work on weekends and you are going to live at home to save money. Let's review the plan.
- Review your expenses.
- Expenses Tuition 1 year $3700 Clothing/personal items $1000 entertainment $2000 transportation $1300food $1000books $200 Total $8300
- Time to review my savings.
- IncomeRRSP $10,000Summer Job $3000Savings $2500 OSAP Grant due to LD $2000 Total $17,500No need to borrow money for first year of school.
- Stick with the plan and you will be fine.
- Bye mom, I'm off to my job as a chidren's entertainer. This is my third party this week. Cha ching!
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