COVID-19

COVID-19: Spending less on Education & Training

Published on May 1, 2019 9:09 pm, by

Key points

  • Maintaining Education & raining activities is important for your own personal development and mental health and for recovery of the economy
  • If you are unable to pay school, university of other education costs you should be able to negotiate relief with your education provider
  • There are free education and training opportunities as a result of COVID-19. These could be opportunities to develop new skills to increase your income earning potential after during or after COVID-19

 

Free training options

Most people have so little spending in this category that it will not be an area of focus. However, if you are looking for training or personal development opportunities there are some money saving opportunities on offer. We’d suggest you look at the following options:

 

If you are concerned about the financial impact of COVID-19 or you are facing the uncertainty of losing your job or having your income significantly reduced we can help. Sign up to MoneyBrilliant and we will give you access to a host of tools and features to help you organise your finances and make better decisions about your money. We’ll also give you tailored insights about the financial assistance available from governments and businesses to help you face the economic and financial challenges caused by the COVID-19 pandemic.

You can register for MoneyBrilliant online at www.moneybrilliant.com.au or download our app from the App Store or the Play Store.

 

This summary has been prepared by MoneyBrilliant Pty Ltd (AFSL 492711, ACL 493068). The information in this summary is of a factual nature only. We are not suggesting or recommending that you take any particular course of action in relation to any financial product or service. It does not take into account your personal circumstances or objectives. If you need financial advice or taxation advice you should seek advice from a licensed financial adviser or tax agent. You may also be able to access additional information from the websites of the Australian Securities and Investment Commission (ASIC) and the relevant product providers.

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Peter is the CEO of MoneyBrilliant. He has over 20 years experience in banking, insurance and accounting. Peter has three sons, ranging in age from 16 to 3, is a sport and fitness fanatic and a volunteer firefighter. He is passionate about improving people's lives through making financial services more accessible.

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