Abbotsford, BC – Is it just us or does anyone else feel like there were a few things that would’ve been very helpful to know when making the transition from high school to adulthood? Once you’re out on your own you quickly learn about responsibilities you didn’t know existed, things such as taxes, credit, banking, saving, budgeting and even how to simply write a cheque.
Looking back, I think it’s safe to say it would’ve been helpful to have had someone teach us about all the financial responsibilities we were about to embark on as we made the transition from high school into the adulthood. More importantly we wished someone explained how credit works.
How many of us in our late teens and early 20’s misses the occasional credit card or phone payment? How many of us racked up debt in credit cards or bought the what we thought was the coolest car at the time and stretched out those payments for as long as we could to pay as little as possible monthly?
It’s more important now than ever to instill good financial habits especially given the increase in cost of living, unfortunately many of us don’t and a lot of it has to do with the fact that we just weren’t taught to. With the help of Mrs. Wiebe at Abbotsford Senior Secondary, we’ve decided to change that.
This past Wednesday we we’re lucky enough to present in front of the grade 12 students of Mrs. Wiebe’s class. We spent one-hour teaching them tactics to ensure they have excellent credit rating starting from the very day their credit is established. It was important for us to show them that buying a house is something to get excited about rather than fear. Impressed with the engagement level in the room and the in-depth questions presented by the students, we hope they we’re able to take at least one piece of advice away from our visit and we look forward to educating more students in our community along the way. Thank you for having us Mrs. Wiebe!