I had the pleasure of being a guest on the More Money for Beer and Textbooks podcast recently where I was interviewed by Kyle Prevost from My University Money.

The topic was student banking and we talked about whether University students should get a credit card while they’re in school and what pitfalls they can avoid when using credit.  My view is that students probably should get a credit card and learn how to use it effectively so they can build a credit rating.

Related: Best Cashback Credit Cards In Canada

I also encourage students to look at alternatives to the big banks – think ING or PC Financial – for their everyday banking needs and to use their internet savvy to shop for the best price before they make a big purchase.

We also discussed the costs of staying at home versus moving away to attend University and some options for students to consider there.

You can check out the podcast on their website, or download the podcast here.  You can also subscribe to the podcast on iTunes here.

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2 Comments

  1. Big Cajun Man on September 23, 2013 at 6:09 pm

    You might have wanted to encourage the students that if they live at home until they graduate, and then get a job, THEN they should MOVE OUT! Maybe you should go on a Podcast with Rob Carrick for that one?

  2. Kyle @ Young and Thrifty on September 23, 2013 at 8:17 pm

    Thanks again for doing the podcast Rob, I think it turned out really well (Justin is the man on editing). It sounds like you guys had fun this weekend, sorry I missed it.

    Hey BCM, I’m getting tired of arguing that side of the argument (the logical side that makes a lot of sense). Maybe we should a debate-style podcast where I why try and take a devil’s advocate view that blindly following your passions and doing anything with independence being the priority. That seems like better media.

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