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Money management

Getting a tax file number

When you start paid work, whether it’s casual, part-time or full-time, you will need to provide your employer with a tax file number (TFN). You can apply for a TFN though the Australian Tax Office or if you are still at school through the secondary schools TFN program.

Centrelink also requires you to have a TFN number when you are receiving payments from them. Centrelink Customer Service Centres can also assist you with your TFN application.

Mobile phones

There are a lot of different mobile phone deals out there. Before you sign a contract or commit to a phone you might not be able to afford, make sure you understand your rights and responsibilities. The Australian Competition and Consumer Commission has some great information on mobile phones, including:

  • understanding caps and plans
  • internet and your mobile phone
  • ringtones and competitions
  • travelling overseas with a phone
  • mobile phone security
  • what to do when you have a complaint or problem.

Be sure to check them out before you make your final decision.

Understanding superannuation

Superannuation is a way to save for your retirement. Even though it may seem a long way off it’s important you start saving for it. When you start paid work, whether it’s part-time, casual or full-time you will need to choose a superannuation fund, which is a bit like choosing a bank—it’s important to pick the one that’s best for you.

Find more money saving tools at MoneySmart.

Get your money under control

Are you spending more than you earn? Trying to calculate the cost of owning a car? Moving out of home and not sure if you can afford it? Get out there can answer your questions and create a budget to help you control your debt and get ahead.

How to save and spend money wisely

MoneySmart offers a range of money management tips for people under 25. Learn how to save money and spend wisely so you can do the things you want. Find out how to create a budget, save to buy expensive items and control your debt. You can also learn how things like moving out of home, studying after high school and having a university debt can affect your finances.

Financial counselling

If you’re experiencing money problems the Salvation Army’s Moneycare can work with you to improve your financial situation. The confidential service gives you free access to trained financial counsellors who can help you manage your money.

Money Health Check

Work out whether your finances need attention, could be better or are under control, with results tailored to your situation and tools to help you take action to get your finances in order.

Category: Money wise

Website: Visit the Money Health Check website

Download Money Health Check app for:


Get better control of your finances with this handy app that allows you to track your personal expenses on the go, identify what you're spending most on, and view and export your spending history.

Category: Money wise

Website: Visit the TrackMySpend website

Download TrackMySpend app for:

Mobile Calculator

Have you got a financial decision to make? Get instant information on your phone with calculators for savings, repayments, and the real costs of interest-free deals.

Category: Money wise

Website: Visit the Mobile Calculator website

Download Mobile Calculator app for:


This app provides information about your rights regarding refunds, online purchases, lay-bys and defective products. It helps you to store photos of receipts and set reminders for expiry dates of gift cards and warranties.

Category: Life skills


Download BuySmartQLD app for:

Creative Commons Attribution 3.0 Australia (CC BY 3.0)
Last updated:
17 September 2014

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