Tuesday, January 31, 2012

Golden Girl Finance - www.goldengirlfinance.ca/

From the link: http://www.goldengirlfinance.ca/

This seems like a useful website to learn about Personal Finance.

Here is a useful article written by them: http://ca.finance.yahoo.com/news/canadian-teens-overly-optimistic-future-161957108.html


  • Canadian teens are overly optimistic about their future earning potential
  • Have a rosy outlook on their financial future
  • These expectations have nothing to do with reality.
  • Canadian youth expect to make big bucks upon graduation. Expect to earn $90,735 in 10 years. That's three times the average income of 25 to 29 year-olds with post-secondary degrees.
  •  So what's really going on here? Are our kids really that disconnected from financial reality? The answer appears to be a resounding yes!
  • Canadian youth assume that they're employable. Millennials seem to be rooted in arrogance. Youth feel that they are entitled to high paying jobs. The mentors, counsellors, and parents of these students are doing nothing but enabling this dysfunctional thinking and dangerous financial outlook. Simply put, our kids are clueless
  • Canadian youth appear to understand the importance of financial planning, they just lack the positive financial behaviours that will enable future success.
  • Kids are "talking the talk" but not "walking the walk"
  • The real world sucks… get used to it
  • Narcissism is not an employable trait

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