Photo cred: http://www.freedigitalphotos.net/Most university students are strapped for cash.
Ryerson students, however, face the added challenge of the high cost of Toronto living, not to mention an endless temptation for shopping. With Yonge and Dundas Square just moments away, everything is at their doorstep.
Molly Leatham is a second year ACS student. She spends most of her money on necessitites like food and transportation. Although there are copious tempting stores around Ryerson offering more than just necessities, a lack of funds is sometimes the only deterrent a student needs.
"I only shop for clothes every couple of months or at the change of seasons when it becomes necessary," says Leatham.
Coleen Clark is an Assistant Professor of Finance at Ryerson, specializing in Personal Finance. She believes that Toronto is expensive, but points out that a "large portion" of Ryerson's student body commutes. Many of these students commute from home, which is a money-saver overall.
There are some temptiations, however, that students just cannot pass up whether they live at home, on-campus, or off-campus.
"Honestly," says Leatham, "I think for most people, after food, their biggest expense is alcohol."
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