Here are eight tangible steps you can take to improve your credit score. Your credit score directly impacts your ability to get approved for financing, including credit cards, loans and mortgages.
The Borrowell Team
Jul 07, 2025
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Like many other young Canadians, I recently went through the process of finishing school and moving to the city. I quickly found it easy to let my spending spiral out of control. Looking around, I saw my peers living fast (… “YOLO”, right?!). Living in an exciting new environment can make you feel that the sky is the limit. Similar to the nearly half of Canadians in credit card debt, my credit card became the answer to whatever temptation came my way – from online purchases, to grabbing food downtown, to racking up a bar tab. Unchecked, the urban lifestyle had expensive consequences.
After joining Borrowell, I spent a lot of time reading personal finance blogs and learning unfamiliar concepts such as debt consolidation, budgeting, RRSPs, TFSAs, and other financial jargon. As a recent grad with limited financial experience, I realized I needed to make a change before my credit card spending got out of hand.
It pays to have good financial habits. I wanted to share the resources that inspired me to make a change:
Studenomics is a hilarious blog written by 27-year-old Martin Dasko. In Martin’s words “I’m all about having a blast, living unconventionally, and getting ahead now”. Martin says his readers are ‘students of life’ and his mission is to help everyone he can to conquer money in their 20s.
Essential Read: The Guide to Drinking Without Going Broke
Alternate Life | @MyAlternateBlog
My Alternate Life is a well-written blog that helps debt-ridden millennials improve their financial situations. Jordann (with two ‘Ns’) is a 20-something living in Halifax. Since starting her financial journey, she has paid off over $38,000 in debt and added nearly $25,000 to her net worth.
Essential Read: How Much Should I Spend on My New Apartment?
Young and Thrifty | @YoungAndThrifty
Young and Thrifty started as a resource to help grads understand personal finance. It has since evolved into much more. The dynamic duo of Justin and Kyle (two Manitoban guys in their mid-twenties) cover must-read topics ranging from investing to the choice of renting vs. owning.
Essential Read: TFSA vs. RRSP: Head to Head Comparison
Squawk Fox is a ‘financially fun’ blog written by Toronto’s Kerry Taylor. Popular topics include rising grocery costs, credit card debt, and smart money-saving consumer strategies. For good reason, Kerry has been voted Canada’s Top Money Blogger by Globe and Mail’s readership.
Essential Read: The Real Reason You’re Broke
Money After Graduation | @MoneyAfterGrad
Money After Graduation is an essential guide to making, saving, and spending money in your 20s. Since starting Money After Grad two years ago, University of Alberta graduate Bridget Casey has paid off over $20,000 in debt. Check her out for some great tips!
Essential Read: Are Millennials Being Talked Out of Saving?
Have any bloggers inspired you to make a change? Leave a comment below and let us know any resources we’ve missed!
Rob is an Analyst at Borrowell. He is a prolific reader on many topics, and has a soft spot for personal finance blogs.
Rob is an entrepreneur and multiple-time startup operator. Rob has previously led growth & marketing functions for high-growth companies such as Borrowell, PolicyMe, and Properly.
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