Group Discussion
Financial stresses
Work on a financial case with your group member. Think, discuss, and come up with solutions.
Case #1
Reduced income
Linda is a first-year student at Camosun College. She had two part-time jobs. However, due to the pandemic, Linda lost one of her jobs at the beginning of this month. As a result, she had less income, and it was hard to cover all her tuition, house rent, and other living expenses. Luckily, she got an offer and will have a new job starting next month. What can Linda do for the current month?
Case #1
Reduced Income
Read the assigned reading below for possible solutions. Then, indicate what Linda can do immediately and what helps prepare her for the future.
Discussion
Share Your Experiences
Do you have similar experiences with Linda? What did you do?
Individual reflection
What you learned
What did you learn from the assigned reading and your discussion?
Case #2
little or no savings
Jack is a fourth-year student at University of Victoria. He has a steady income from his full-time internship. However, Jack found that he had no savings at the end of every month and even needed to pay for the credit card. So he reached out to his friend John for help. If you were John, what would you help Jack do?
Case #2
Little or no savings
Read tips from Scotiabank. Consider the following questions: where does your money go every month? Where do you spend the most？