Most young people don’t learn the tenets of personal finance in school, but building solid habits throughout your teens and early twenties can help set you up for a truly prosperous life.

The minimum repayment threshold for graduates with HECS-HELP debt will drop by approximately $10,000 next year, leaving graduates earning just over $45,000 out of pocket to the tune of $8 per week.

Taking money advice from a loan servicer is sort of like taking health advice from a tobacco company. The advice might be valid, but there's probably a better source out there for you. Namely, one that doesn't profit from your bad habits.

Even a small student loan can be a big shock when you have to start paying it back. When you're on a budget, it's tough to get used to having to pay a hundred bucks or so every month. To make it easier, start setting aside the money before repayment kicks in.