Ask any student what is the hardest part of being a student and they will often tell you that it is having no money. Undertaking tertiary studies often limits your ability to earn substantial sums of money and therefore students tend live on small, fixed incomes.
Common money traps include:
- high interest credit cards
- bank charges
- mobile phones
- rent-to-own plans
- purchases with interest free periods.
For advice on how to avoid these money traps, click here.
The Australian Governments MoneySmart website has some really valuable budgeting tools including the free TrackMySpend App.
Blackbullion is an interactive learning platform created to help you get to grips with all things money. It’s filled with videos, graphics, and quizzes covering financial subjects designed to empower you to make more informed financial decisions. It’s even device friendly!
CQUniversity has partnered with Blackbullion to provide students and alumni with free access to these resources to help plan for study related expenses or set some financial goals for the future.
Login to Blackbullion with your student email to get started!
National Debt Helpline
The National Debt Helpline is a not-for-profit service for people seeking assistance for financial hardship. For many, the service is crucial to begin the journey to better financial health.
The helpline service provides free, confidential and independent financial counselling to people who are experiencing financial hardship.
Financial counsellors are not planners or advisers, they don’t provide investment advice. They help people get back on track financially when they’re in debt.
This service would be extremely valuable for students who have recently found themselves without work and for international students who cannot access government financial assistance.
Get back on track with free financial counselling via the National Debt Helpline.