u/stolenhddthrowaway

Hey everyone, I’m a 16-year-old sophomore in high school, and I’ve been thinking about studying Accounting or Finance in college. I’ve heard those fields involve a lot of math, and I’m curious about how tough it really is. I’m okay at math, but I wouldn’t say I’m naturally gifted, and I sometimes struggle a bit.

For anyone with experience in these areas, what are the real benefits of majoring in Accounting? Would you recommend it? And is the long-term pay actually worth the effort? I’d really appreciate any honest advice you can share!

Getting rejected by every top-tier bank was the best thing that ever happened to me. I had a solid resume 3.8 GPA, target school, clean interview performance and still, Goldman Sachs, JPMorgan, and Morgan Stanley all said no.

At first, I felt like a failure when I took a startup analyst role paying $60k. But fast forward three years, and I’m earning $400k through equity and salary. Meanwhile, my friends at those bulge bracket firms? They’re still stuck on $150k base, working 80 hours a week.

Here’s what I’ve realized that they haven’t: the best finance career isn’t necessarily at a bank anymore. Most students chase the prestige of a big name, but they should focus on what they’re actually going to learn. Banks teach you how to make models for other people’s decisions, but startups teach you how to make the decisions yourself.

Lately, I've been trying to figure out how to become debt-free. I recently purchased an SUV with financing for about CAD 35,000. Since then, my credit utilization has gone up, and I now have around CAD 3,000 in credit card debt. I've started living paycheck to paycheck and find it increasingly hard to keep up with payments.

On top of that, I have another car worth approximately CAD 5,500. I'm thinking about selling it to ease some financial pressure, but it's not an easy decision because it benefits my family more than me. My wife, who stays home to raise our three kids, uses that car, which is a relief for me since I’m currently working part-time and studying part-time.

Living in this expensive city is becoming overwhelming, and I could really use some advice on how to manage or reduce my debt while still supporting my family. Any suggestions would be greatly appreciated!

Hey fellow Australian students, is anyone else still waiting on their HECS debt reduction credit? I checked MyGov, and it still shows as a credit for me. I thought everything was supposed to be processed by the end of January. Am I the only one who hasn't received it back yet? Would love to hear if others are in the same boat!