MAKE YOUR PŪTEA GO FURTHER WHILE YOU STUDY
Are you studying this year wāhine mā? We know that being a student can be stressful at times! Juggling assignment due dates, tutorials and endless study is difficult at the best of times, let alone when pūtea is tight. We want to help empower you this year, so have found some key tips and tricks from MoneyHub to help make your pūtea go further.
Grants or scholarships
Scholarships are a great way to help fund your study and living costs while you are a student. There are many scholarships available in Aotearoa across different education providers, companies and organisations – all aimed at different people with different attributes or backgrounds. There could be something for you, so put some time in to have a look. A great place to start is through the scholarship database of your education provider. Te Rūnanga o Ngāi Tahu offer a range of grants and scholarships that might be suitable for you. Check out the scholarship page for ages 18-25 here.
Your rūnanga may also offer grants so be sure to check and see if there is something suitable for you. You can see a range of different scholarship and grant options here.
Get the best bank account for your needs
You might not have put much thought into the bank you currently use, and you’re probably just banking with whoever your whānau bank with. However, we all have different needs, especially when you start tertiary education, so it makes sense to re-evaluate your banking situation if you haven’t already.
MoneyHub has a great breakdown of all student bank account deals offered in Aotearoa , so have a look and see if there are any that may better suit your needs.
Making good choices
It can be easy to fall into bad spending habits when you are feeling stressed or adjusting to life as a student, especially if you have moved out of home or are in a different routine. Being aware of your spending habits and making note of your income and expenses can be a good way to curb any bad habits forming. Try to spend within your means and have awareness of your finances with a budget tracker or app.
Student Discounts
Many shops and services offer student discounts which can help to reduce your expenses. Before you buy something make sure to ask if they have a discount for students. You can also download the Unidays app – a one stop shop for student discounts. It is easy to sign up to and a free way to review the range of discounts available across subscriptions, fashion, beauty, and technology.
Textbooks
Textbooks can be expensive and generally only good for a limited amount of time. We recommend trying to buy second hand, which could save you hundreds of dollars each semester. Although it can take some time and effort to search for the books you need, it’s worth it if it can save you pūtea! Trade Me and local campus Facebook Groups are great places to check out before you drop $200+ on one book.
The information contained in this document is intended for general guidance and information only and is not personalised to you. It does not take into account your particular financial situation or goals.
The links shared and associated content on this website have not been vetted or otherwise approved by Whai Rawa Fund Limited and neither Whai Rawa Fund Limited, nor Te Rūnanga o Ngāi Tahu endorse the linked material or its provider in any way. The information provided by these links and third-party providers is not personalised to you and your situation. Before making any investment decision, or taking any action or not, you should refer to the Product Disclosure Statement and / or consult a licensed financial advice provider.
Whai Rawa Fund Limited is the issuer of the Whai Rawa Unit Trust. A copy of the Product Disclosure Statement is available at www.whairawa.com/pds. A financial advice disclosure statement is available for Whai Rawa Fund Limited at www.whairawa.com/financial-advice.