rent, tuition, books, transportation, insurance, or medicine. You may also want to buy clothes or go out with your friends.
Managing your money wisely is an important life skill to learn if you get an allowance, have a job, or receive other funds. You may need to pay for food,
Here are some ways to start learning about managing your money:
- Check out Learn to Manage Your Money on the Alberta Learning Information Service (ALIS) website.
- Visit your bank to see what type of account is right for you. Ask if they offer teens, young adults, or students any special rates, services, or programs.
- Money Mentors offer financial fitness classes, money coaching, financial needs assessments, and credit counselling.
- If you will not be able to manage your money, property, or investment income when you turn 18, the court can appoint a trustee to help you.