There are fees to pay, books to buy.
Studying can put extra pressure on your budget.
Living out of home can be a financial challenge.
Taxes and investments can be confusing.
Here are the basics to help you learn important money management skills.
The money you have saved is called ‘savings’. There are many good reasons to save money.
Saving money means either:
- Not spending money OR
- Spending less money OR
- Money amount left after spending
People in Australia may save money for a short term goal, long term goal or for emergencies. Below are reasons that people save money for:
- Education (books, transport, internet, computer, pens)
- Buy a house
- Buy a car
- Holiday in Australia or overseas
- Emergency fund
- New computer, TV or phone
- In case you can’t find a job
Click here to learn more about how Australians save money.
Here are some links to information about how to save money:
Saver Plus Program to join to save money and get $500.
A budget helps you find out how you are spending your money and how much money you are saving. Budgeting is a money saving tool, it can help you find out how to save more money.
The Deaf Society has made 6 Auslan videos about financial literacy.
Click here to go to see the Auslan videos: Money Minded (CC)
Here are some links to help you understand more about paying tax:
Click here to watch the Auslan videos.
Housing and Accommodation
Housing and accommodation is an important area of life: it is a place for you to sleep, cook, clean, study and live.
There are many different resources available on renting, sharehousing, buying a property and what to do if you can’t find a place to live (homelessness).
Investment is increasing the amount of money for you to use in the future. Some people in Australia choose to invest to make more money. Investments can include: stocks, property, businesses, banks and more.
Here are websites that can help you understand the basics of investing:
Deaf accountant (book keeper): Simon Glass
0408389506 (SMS only)
Do you have a question? Or do you want to improve this page? Send us a message!
Do you have a question?
Or do you want to improve this page?
Send us a message!