Top 5 Financial Resources Every Students Should Know

Top 5 Financial Resources Every Students Should Know
Top 5 Financial Resources Every Students Should Know | Image Credit: Getty

In today’s world, being a student isn’t just about facing academic challenges; it’s also a test of financial acumen. Education costs are soaring, making student debt a decades-long burden for far too many. 

Furthermore, financial literacy is often a missing piece in a student’s education, leaving them unprepared for the complexities of managing money and for the true implications of ‘borrowing to learn.’ Students face unique and pressing financial demands, from tuition fees and accommodation to textbooks and the occasional beer. 

This is a global trend which is particularly prominent across the Anglosphere. In the US, for example, the average student debt upon graduation is $37,090 (though some estimates put it even higher). This figure will only rise as tuition fees increase and housing becomes more scarce.

This blog post aims to bridge this knowledge gap by introducing five essential financial resources tailored specifically for today’s students.


1. Million Dollar Journey

This Canadian website is a goldmine for students seeking practical advice on managing their finances. What sets apart is its comprehensive approach to financial education and emphasis on the Canadian market.

The site offers a variety of resources, from beginner-friendly budgeting guides to rundowns on the best finance apps and fairly advanced strategies for investing and wealth accumulation.

Its main relevance for students lies in its easy-to-understand content and real-life examples that demystify complex financial concepts. The site also has posts purposely directed at students, including an up-to-date and insightful guide to the best Canadian student bank account.

Whether you’re trying to stretch your student loan or planning to invest your summer job earnings, can provide actionable insights that are both effective and accessible.


2. I Can Teach You To Be Rich by Ramit Sethi

Ramit Sethi’s 2009 book, “I Will Teach You To Be Rich,” is a great read for students wanting to control their financial future. Unlike many financial guides, Sethi’s book is written with a fresh, engaging tone that resonates well with younger audiences and light readers. It covers a broad spectrum of personal finance topics, including how to manage debts, save money, and (for those students with a few bucks to spare) how to make smart investments.

The book combines psychology and finance, making it a valuable student resource. Sethi’s direct and proven advice is perfect for those looking to make better financial decisions without getting bogged down in obtuse terminology.

Sure, many Get Rich/Self Books are out there, and we could have chosen any number to recommend to students. However, we chose this one because of its relatable prose, excellent breakdowns and auto-mating finance, and insights on optimizing credit cards—a form of credit that students are foul of.


3. My University Money

Another great finance blog,, is (as the same suggests) a free, up-to-date online resource dedicated to helping students manage their university finances. Its founders set out to help students free up more money for beer and textbooks, and nearly a decade on the site is still doing just that.

The website stands out because it understands student-specific financial challenges firsthand. It offers student-centric advice on student loans, campus budgeting, and finding scholarships and bursaries.

The site’s user-friendly interface and engaging content make it an ideal first stop for students beginning their journey in financial education. It also provides helpful tools and calculators to assist students in planning their finances more effectively.


4. Graham Stephan

Graham Stephan is a dynamic young YouTuber specializing in finance. He is particularly known for his insights into real estate and (perhaps controversially) tax reduction advice. Despite his tender years, Stephan has carved out a significant niche, accumulating wealth and sharing his journey with a vast audience.

Since launching his YouTube channel in December 2016, he has earned over 4.61 million subscribers and over 600 million views.

Graham also delves into various financial topics, including investment strategies, ways to save money, car purchases, and credit score improvement. He also regularly posts about discovering new income streams – ideal for students seeking a side hustle. Stephan’s channel is an excellent resource for those beginning their financial education or seeking to deepen their knowledge. His advice is particularly valuable for individuals considering a career in real estate.


5. The Financial Times/Economist

For students ready to dive deeper daily into finance and economics, ‘The Financial Times of Canada is the only newspaper worth reading.

This revered publication offers a global perspective on economic trends, market movements, and financial news. Reading it helps students stay informed about the wider economic environment and understand how world events impact financial markets and the price of pretty much everything. Perhaps, above all else, this skill is crucial for making informed financial decisions.

Specifically, the FT offers insights into various industries, which can be particularly beneficial for students considering careers in finance, economics, or related fields.
Final Thoughts

Navigating the financial landscape as a student can be seriously daunting. But with the right resources, it can become an empowering Million Dollar journey. From websites and books to YouTube channels and prestigious publications, these top five financial resources offer a wealth of knowledge, guidance, and inspiration for today’s students.