Candyce Braithwaite

Students not ready to run budgets

MANY school leavers may not have the financial literacy skills they need to manage their budget when they leave home for university.

A Queensland University of Technology study released on Thursday asked more than 400 university students about their home budgeting.

The study found more than 57% thought they had a "high understanding of budgeting", but just 4.4% were able to correctly answer questions on how long it would take to reach specific savings goals within a set budget.

It also found some 65% of first year tertiary students aged 20 years old or younger thought they were "unprepared for (the) financial life skills" they needed as adults.

- APN NEWSDESK



Colour run a bright idea to support community

premium_icon Colour run a bright idea to support community

St John's College Woodlawn will soon bring the colour run to Lismore

Mayor's big plan to help struggling Lismore CBD

Mayor's big plan to help struggling Lismore CBD

Money back to businesses, changes to rate structure

Aldi store to close its doors for major renovations

premium_icon Aldi store to close its doors for major renovations

Make sure you get your Aldi fix before next week

Local Partners