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NEWS RELEASE

September 9 2002

Graduates go debt free

Part of planning your life might well be getting a good education but there is another aspect that proves problematic for many people – finances. And as many uni students will tell you one of the biggest challenges for them today is juggling part or full time work and study.

In theory, when you have graduated those money/study pressures should diminish but then there is your HECS debt, a whole new wardrobe to buy for working life, possibly car payments and before you know it – money’s too tight too mention. 

But in the second of UniSA’s series of career building seminars for its graduates, Expanding Horizons, the focus is on how to make your life debt free as soon as possible. 

Sponsored by Mutual Community the free seminar, All debts are off, beat HECS and plan for life, will feature renowned Australian financial planning author Anita Bell. 

It will be held at 5.30 pm on September 18 at the Radisson Playford Hotel, North Terrace Adelaide. 

Bell’s creative, common sense approach to staying debt free has transformed the lives of hundreds of erstwhile strugglers and she herself retired at just 26 years of age. Her latest bestseller is Your Money: Starting Out and Starting Over. 

She will advise on the small and large financial issues from everyday budgeting and saving to investing in shares or real estate. 

The seminar will also feature specialist presenters from the Australian Taxation Office who will talk about reducing HECS debts as quickly as possible. 

UniSA alumni relations coordinator, Troy Shiels, says he can’t think of a more important area for new graduates to understand. 

“Being bright and being educated doesn’t necessarily make you a good financial manager, some of history’s great men and women died broke,” Shiels said. 

“But this seminar certainly isn’t about encouraging graduates to be driven by economic aspirations alone – its not a revival of the “greed is good” philosophy. 

“What we hope to give our graduates is some common sense advice on how to keep control of money in their lives rather than have it control them. We are talking about financial freedom, which for many young people is more about being able to take a year off to work on an aid abroad or environmental project, than it is about being able to afford a Porsche. 

“We are keen to continue to support our graduates as they move into the workforce and embark on new careers and the complex world of investments, debts, home and car loans, superannuation and managing career through each stage of life, are issues they will all confront. We hope we will be giving them a head start and some useful suggestions through this seminar.” 

Please note seating is limited. A free place can be booked by phoning 8302 0973. 

Media contact: Michèle Nardelli (08) 8302 0966 or 041 8823673
email: michele.nardelli@unisa.edu.au

 

 

 

 

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