The financial basics workshop at Algonquin was attended by many eager students trying to find ways of becoming more aware of their finances.

 “I want to be financially better off, because I see how much my parents work at minimal paying jobs,” said Monica Taylor a first year tourism and travel student. 

Taylor is one of the 26 people who attended the workshop, looking for strategic financial advice from Sue  Anderson a part time teacher at Algonquin for introduction to investing. Anderson has worked as an investment advisor for over 24 years.

In 2005 the average Canadian student debt was 18,800 according to Statistics Canada. The Algonquin student association provided a financial workshop on March 21 to students to assist them deal with the debt.

Anderson has said one of the biggest financial problems seen with people is a lack of comprehension of budgeting. What they are spending and there for are more careless with their money.

The three hour workshop not only  covered how to manage expenses, credit and debt management but as well covered a variety of topics including budgeting, investing and identity theft. All used to help students learn to balance their banks.