Top money tips for uni students

Between studying, travelling, moving out and going out it can sometimes be hard to balance the books on student wages. No matter where you’re at on your money journey, we can help you to smash your financial goals with these top tips for students.

1. The b word… budget!

Student life can get expensive when you don’t have a plan in place. Creating a budget can help you to manage your day-to-day spending and save for something fun. Get started with our budget planner.

2. Cash in on student discounts

We’re not just talking about concession fares for public transport – you may be surprised at how many discounts are available for students. From technology to your local gym or online shopping, it’s worth doing some digging. Every dollar counts!

3. Set savings goals

No matter how big or small your savings goal is, creating good habits today can set you up for success in the future. Set a goal, set a realistic timeline, and chip away at it gradually. You can even try setting up automatic transfers to your savings account, so you don’t get tempted to spend it.

4. Protect the planet… and your wallet!

Carpooling with friends is a fun way to save money and reduce your carbon footprint at the same time. Shopping second-hand is another great idea to help you save money and reduce landfill. Try looking for vintage clothes and keeping an eye out at your student library for text book swaps.

5. Automate your bills

This is a simple way to avoid getting stung by unnecessary late payment fees. By setting up automatic payments your bills will be paid on time, every time – just keep an eye on your balance to ensure you can cover it. Future you will thank you!

6. Have a meal plan

With more food delivery services available than ever before, we all know the cost can add-up quickly. Having a meal plan can help you to budget your food cost for the entire week and by having set meals that you can stick to, help limit the temptation to order in.

7. Stay on top of debt

This is an important life skill when it comes to managing your money and planning for the future. Whether it’s student debt, a car loan or buy now pay later services – aim to pay off your debts sooner to paying less interest.

8. Give up the bank of Mum and Dad

Everyone needs a financial leg-up from time to time, especially when you’re busy studying. If you open an emergency fund and add to it over time, you will have your own safety net to rely on if things turn pear-shaped, instead of Mum and Dad.

9. Student payments

Depending on your age and type of study, you may be eligible for a range of ongoing payments that are available for students, trainees and Australian Apprentices. To get more information and to find assistance in your local area, check out Payment and Service Finder.

No matter where you’re at on your money journey, we’re here to help you financially thrive.

Get started today with our special banking offers, just for students. Find out more.

Important Information

This information does not take into account your objectives, financial situation or needs. Therefore you should firstly consider the appropriateness of this information and refer to the Terms and Conditions or the relevant Product Disclosure Statement (PDS) before acquiring a product. These documents are available at, our branches or by contacting us on 1300 654 822. Target Market Determinations (TMD) are available here.