Young Money With Tracey Bissett

Are you or someone you know dealing with student loans or getting ready to navigate the world of repayment? In this episode, I sit down with Clay Jarvis, NerdWallet Canada’s mortgage and real estate expert, to discuss essential strategies for managing student loans and making smart financial decisions. We'll dive into practical advice for students just starting their loan repayments, adjusting payments to fit your financial situation, and what to do if you’re struggling to make payments. Clay also highlights the importance of budgeting and why parents should have financial conversations with their kids before they head off to university. Listen in to learn how disciplined loan repayments can set you up for a brighter future, as well as how parents can offer emotional and financial support while encouraging smart money habits. “You do not want to stop paying your loans. You can simply shrink your payment as much as you need to, and then when you start earning more money, you can increase those payments.” - Cla