Youth Allowance and Austudy – Whats the Difference?

Centrelink has two main benefits that are offered to eligible students. These are known as Youth Allowance and AusStudy. Essentially the way it works is, an eligible student will receive a sum of money into their bank account…

Unfair Bank Fees

Have you ever had an automatic payment deducted from your account only to find that you didn’t have enough money so the bank slapped you with a $20-$60 fee? Maybe you got hit with a unfair fee on…

Benefits of Credit Cards

Most people know what a credit card is. It’s a facility where the bank gives you the ability to borrow money. But few students understand what a credit card can do to help people manage their money.  So…

What is Centrelink?

Centrelink is a part of the Australian Government’s Department of Human Services. Its purpose is to provide financial assistance to people who need it most. This includes people who are unemployed, retired, unable to work due to illness…

5 Reasons why Budgets Fail

You cant expect to write up a first draft budget and stick to it for life. There is no quick fix for budgeting and those that think there is probably don’t understand the reason why they budget. Budgeting…