Workshops

#MacTalksMoney Workshop Series

All workshops will take place from 12:30 – 1: 30 p.m. and take place in Gilmour Hall, Room 110 (unless otherwise specified).
Registration is on OSCARplus.

Rent vs. Own

Monday, January 22 and Thursday, January 25, 2018

Is it your dream to own your own home? Join this workshop to talk about the pros and cons of renting and owning. Come with questions.

How to Get a Bank Loan

Monday, January 29 and Thursday, February 8, 2018

At some point in the future, you may need to borrow money to acquire assets. Learn about the criteria the bank uses to determine whether you qualify and at what interest rate.

Buy vs. Lease

Monday, February 1 and Thursday, February 5, 2018

Do you know the difference between buying a car versus leasing a car? This workshop will address the pros and cons of each and discuss the decisions and considerations that need to be made when it comes to transportation.

Life After Mac: Earning an Income and Paying Back Student Loans

Monday, February 12 and Thursday, February 15, 2018

Learn how to manage your new income, including juggling repayment of student loans, saving for the future, and trying to build wealth. We can help you break down your budget into manageable pieces and discuss how to make important financial choices and decisions.

How to Shop for a Credit Card

Monday, February 19 and Thursday, February 22, 2018

Just like you shop for the best cell phone deal, you should also shop around for the best credit card. Find out which incentives work best for you and how payments and interest charges are calculated. Most important, learn how to use credit cards wisely.

How to Get Started Investing

Monday, February 26 and Thursday, March 1, 2018

Come learn the basics of investing and how to get started. No doubt, you will have a lot of questions if you are just getting started in investing. How much is enough? What investments make sense? Do you hire a broker or do it yourself? This workshop will help unpack these questions and more.

Paying Back Your Student Loan

Monday, March 5 and Thursday, March 8, 2018

Once you graduate, it will be time to start repaying your student loan. How can you make repayment a priority and what are the options for paying your loan back as soon as possible? Find out at this workshop.

Coaching

Money Coaching

Come by and talk to an accredited money coach every Monday and Thursday. Our money coach will help you examine your financial situation, discuss possible options and help you create a plan of action that best suits your needs. This service is available to all full-time undergraduates and graduates. Looking for advice or have questions about your financial wellness, visit us!

Here are some topics you can cover with a money coach:

  • Juggling bills
  • Making a spending plan
  • Credit card shopping
  • Debt repayment
  • Setting financial goals
  • Building wealth
  • Taxes
  • Financial life after Mac

Money Mondays: By Appointment

Make an appointment to meet one-on-one with an accredited money coach. Appointments are available every Monday and can be booked in OSCARplus.

Steps to book an appointment:
  1. Log into OSCARplus with your MAC ID.
  2. Select Appointments.
  3. Select Student Success Centre Appointments.
  4. Select Mac’s Money Centre.

Concerns regarding your student account or financial aid should be directed to the Student Accounts & Cashiers or Student Financial Aid & Scholarships office respectively.

Thursday Drop-in Clinics

Drop by Gilmour Hall (GH 110) on Thursday afternoons to speak with a money coach from 1:30 – 4:00 p.m. No appointment is necessary. Meetings are 15 minutes and are available on a first-come basis.

 

Tools

Did you see a useful tool in one of our workshops or articles? Look no further. A collection of our tools can be found right here.

Topic List

Enriched Start

Mac’s Money Centre has invested in the Enriched Start program to engage and connect McMaster students to a series of videos that are funny, entertaining and insightful .This new program was co-founded by Kevin Cochran and Jay Seabrook with funding partners from CBC’s famous Dragons Den, Bruce Croxon and Jim Treliving. The content is specifically relevant for university students and developed with you in mind.

Take some time to watch the videos; you will be surprised at what you will learn.

This program includes several modules that cover:

  • Money Myths
  • Credit and Credit Cards
  • Careers
  • Your Personal Brand
  • Goal Setting
  • Building Wealth

To get started, simply click the icon below and register with your McMaster email address at the Login menu.

Disclaimer: Please note that the Enriched Start product is external to McMaster and not affiliated with McMaster University. McMaster University does not: (a) control or guarantee the accuracy, relevance, timeliness, or completeness of the information; (b) endorse the views expressed or products or services offered by Enriched Start; (c) endorse or guarantee in any way the organizations, services, advice or products on the Website; or (d) without limiting the foregoing, make any representations or warranties whatsoever in respect of Enriched Start and its services, including without limitation in respect of accuracy of information or quality of services. We recommend you seek out the advice of professional financial advisors prior to making any sizable investments.