Financial awareness
We’ve made a list of financial resources that we found useful. Whether you are just starting to learn about managing your finances or you’ve got them under control and want to learn some new things.
While we may not think about financial wellbeing as significant, it plays a large role in our overall wellbeing and can impact our mental wellbeing.
Being educated about finances and managing our own money can make a huge difference in our lives once we start earning money and/or living out of home. This can determine our sense of security and affect our ability to provide for ourselves. Being financially educated is vital to contributing positively to our overall wellbeing.
Having a budget and knowing exactly how much money is going in and out and what you are spending can make you feel in control and help you make smarter spending choices.
Budgeting apps and tools to help you begin:
- Money Smart ‘How to do a budget’ - If you have no idea where to start, this will help you start from scratch.
- Splitwise App - this helps you keep track of expenses in a household or share house
- You Need a Budget (YNAB) – another great app to keep track of your finances and sets you up with good saving and spending habits.
Tax time can be confusing, especially for students who might have student loans, government payments and multiple jobs. Teach yourself how to lodge your tax return correctly and with little fuss.
Learn about Superannuation and the benefits of starting to contribute early.
- MySuper funds list - Moneysmart.gov.au
- Choosing a super fund - Moneysmart.gov.au
- Consolidating super funds - Moneysmart.gov.au
- Superannuation calculator - Moneysmart.gov.au
Blogs
- Spaceship Learn – This blog by Investment app Spaceship has tips and how-tos on everything financial.
- She’s on the money blog
- Sort your money out blog
- Barefoot Investor
Podcasts
Books
La Trobe Financial Counselling – free and confidential financial counselling for students
La Trobe Financial Assistance - We offer a number of different financial support options you may be eligible for