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Managing your money

 

Some students and young adults can get themselves into a lot of trouble financially when they don’t take the time to look closely at their spending habits. Before they know it, they’re in debt and they have no savings put aside for emergencies.

So, it’s worth the effort to learn how to effectively control your money. If you take the time to learn about controlling and monitoring  your spending habits, you’ll develop good budgeting skills that will help you throughout your life.

For information and advice on controlling your spending, and for tips on preparing a budget, go to:

www.youthcentral.vic.gov.au/Managing+Money

www.moneysmart.gov.au/life-events-and-you/under-25s

yfoundations.org.au