Browse through our student guide for everything you need to know about moving up in the world.
Leaving high school is both exciting and daunting; you're finally growing up, but there are many more responsibilities that will come your way. These include getting your finances prepared for when you start working full time, as well as getting your first car loan so you can get from A to B.
It all may seem a bit overwhelming at first, but taking baby steps will mean that you don't have to leave things to last minute and you can dedicate more time to actually enjoying what's ahead.
Student banking
Getting your finances sorted out before you start university or TAFE is a great way to prepare yourself to budget. Understanding the tools and products out there will keep your money organised.
Paying for your education
Unfortunately, studying at uni or at TAFE is actually quite expensive but there is Government help available. Read more about your options and how HECS-HELP works.
Government assistance
The Australian Government has a department dedicated to help those financially who need it. There are income and asset tests to determine whether you're eligible so read more to see if you can apply.
Working
Whether you're working part time, full time or you're doing an apprenticeship, these laws apply to you. Continue reading to ensure that you're getting paid correctly and that your tax is compliant.
Credit cards
Yes - it's actually fine to have a credit card when you've just started uni or TAFE as long as you follow these simple rules. In fact, it's actually quite helpful in building your credit history so you can get more credit later in life when you apply for a home loan or car loan.
Travel money and insurance
It's common for many students to travel while they're studying or even go on exchange; so you need to make sure you're financially prepared so you don't rack up international fees. Insurance is also something you should think about so you can travel with peace of mind.
Your first set of wheels
Getting your first car is an exciting time and signifies the end of the 120 hours you need to complete on your L's. We explain what you need to know about getting a car loan plus car rego and CTP.
Life insurance
At this stage, you may not need life insurance because you don't have any assets, but it helps to understand what it involves so you're prepared for the future. There are some things you should know about insurance through your superannuation; read on to find out more.
