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.

Budget Planner – find out how you are spending money

Youth Central – Budgeting

Youth Central – Planning for the Future

The Deaf Society has made 6 Auslan videos about financial literacy.
Click here to go to see the Auslan videos: Money Minded (CC)

Tax

Every time you work and earn money, you will have to pay tax. If you earn a small amount of money, you will pay a small amount of tax. If you earn large amounts of money, then you have to pay more tax.

Here are some links to help you understand more about paying tax:

Money Smart – Starting work

Money Smart – Income Tax

Youth Central – Tax

The Australian Taxation Office (ATO) has 3 Auslan videos to explain tax, keeping your personal information safe and guide to superannuation.

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).

Good Universities Guide – Student Accommodation

Housing – Victorian Government (Crisis Accommodation, Community Housing, etc)

Youth Central – Housing & Accommodation

Youth Central – Student Accommodation

Investment

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:

Money Smart – Investing

Money Management

Invest in Victoria

Youth Central – Managing Money