Be Money Smart as a student!

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Author
Danielle MENGEL

Last Edit
2018-11-20T07:48:35

Be Money Smart as a student!

There's a lot you can do NOW to set yourself up for financial success as a student.

Scott Pape (known as the Barefoot Investor) has a few quick tips for you! You should consider:

  • Unless you have heaps of cash to splash around, put your uni fees on HECS coz it's a cheap loan. But make sure you tell your employer that you have a debt so it can be deducted when you earn over the threshold!
  • Set up a student bank account so you don't get charged fees! Talk to your bank about this today.
  • Chop up your credit cards - it's far better for your financial health for you to live on the cash you have, not credit!

Learn more about Scott Pape's financial tips and insights into living on a university student income and his 60,60, 6 challenges. Watch the Barefoot Investor's 60 second challenge video here for more! For more information, visit MoneySmart by ASIC at www.moneysmart.gov.au.

Want some one on one help? Book an appointment to see LTSU's Financial Counsellor for free - call (03)94792314 or email ltsu.financialcounsellor@latrobe.edu.au