Back to school No Interest Loans

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3 February, 2020

Back to school costs are no longer just about uniforms and stationery.

Over the last decade the emphasis on the technology used for education has meant kids require more access to laptops and mobile devices as part of their every day learning. This has meant a huge increase in schooling costs and puts even more pressure on parents finding it hard to cope with cost of living pressures.

Computers and mobile devices are now by far the most significant part of schooling costs for many families and finding the money at this time of the year can send people spiralling into more debt. Many will still have outstanding bills from Christmas.

How can you pay for your kids essential learning needs without sinking further into debt or needing to think about other forms of loans that may cost you a lot more?

Have you heard of NILS? The No Interest Loans Scheme run by Good Finance loans has helped many families to purchase white goods and household items such as fridges and washing machines without paying any interest or charges. No interest, no charges at all! Now the Good Finance NILS is available to help with your back to school needs including computer and text books.

Low Income earners and people in hardship can access this help.

No interest loans are the best and cheapest way for people on low incomes to cover household expenses and necessities, you only repay what you borrow, so you don’t get caught in a cycle of borrowing and debt.

To apply for a no interest loan, visit nils.com.au to find your nearest provider or check out more about NILS and other assistance available in South Australia see the Affordable SA App (download free on Apple and Google play) and website www.affordablesa.com.au or ring the Affordable SA Helpline on 1800 025 539.

By Graeme

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Christmas Lunch 2022

Christmas is a special time of year but it can be especially hard on those who are less fortunate or alone. Thankfully, there are groups that organise lunches for people on Christmas Day. If you are or know some one in this situation , please find a list of service providers attached

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50 Days to Go....50 Ways to Save for an Australian Christmas

Community

1. Contact your local Salvation Army and ask about the Christmas Cheer Program

2. Seek out which church based organisations are offering Christmas day lunch in your area

3. If don’t want to feel the financial pressure of Christmas Day, consider volunteering your time on Christmas Day to help others

4. Contact your local council, community centre or library to see what free Christmas activities are offered in your area during the Christmas period

5. Visit your local op shop for Christmas supplies

6. If you are considering buying a pet as a gift for Christmas, consider adopting from a rescue centre

Food

7. Buy in bulk and split the cost with friends and/or family members

8. Start buying non-perishable groceries now

9. If you know that there will be non-perishable groceries that you will need for Christmas, buy 2 of them when they are half price, that way you will have one for now and one for Christmas

10. Instead of an expensive hot turkey, consider a non-traditional, southern-hemisphere inspired Christmas Day menu of cold meat and salads

11. As most supermarkets are closed on Christmas Day, pay them a visit the night before right before they close to see what food has been discounted

12. It doesn’t snow this side of the equator on Christmas Day, so take Christmas outside. As an option, suggest that everyone bring a salad or a packet of sausages to cook on the public BBQ at your local park.

13. Instead of trying to buy (or make) a Christmas pudding, consider making a ‘non-traditional’ ice cream cake

14. Consider using accumulated supermarket loyalty points to buy your Christmas food

15. Instead of hosting a Christmas lunch or dinner, consider the cheaper option of a Christmas breakfast (no turkey required)

16. Avoid Christmas hampers that have year-long payment arrangements. You can end up paying a lot more for items compared to if you purchased them outright.

17. Don’t feel pressured to serve ‘traditional’ food at Christmas time. In Japan, it is tradition for around 3.6 million families to get a ‘holiday party bucket’ from KFC on Christmas Eve…

18. Instead of buying a whole turkey, ham or chicken, consider buying separate cuts of meat (e.g. legs, wings, roasts, etc.)

Presents

19. Commit to a budget. Draw up a table with who you are buying for and how much you can afford to spend on each person. Do not go over your budget.

20. If the children in your family are getting older, consider the option of a Secret Santa (each person is responsible for only one gift)

21. Take advantage of the extended Christmas shopping hours. There will be less people around, which means you may feel less stressed and rushed

22. Don’t feel pressured by others, or yourself, to buy Christmas presents you cannot afford

23. Wrapping paper can be expensive. Consider newspaper, material, cellophane, brown paper, etc

24. Consider baking cookies or making a Christmas pudding as alternative to buying someone a Christmas present

25. Consider making homemade pickles, jams, preserves and giving them as gifts

26. Only go shopping for Christmas gifts when you know what you want to buy – avoid impulse purchases that are not within your budget

27. Save money on buying Christmas cards by sending your Christmas greetings electronically via email, text or social media

28. If you are creative, try a DIY present – soaps, candles, a knitted scarf, a tie dye t shirt, a photo frame, a painting, etc

29. Consider giving the ‘gift of time’ to someone. Create a coupon book of activities that you could do together in the future (e.g. watching a movie of the other person’s choice)

30. Do not put yourself in financial hardship just so you can buy what others consider to be ‘the most amazing, best Christmas present of 2021’… it will be something completely different by Christmas 2022

31. If you don’t know what to get someone, consider a small charity donation on their behalf

32. Consider giving gift cards instead of actual gifts

33. Avoid the temptation of getting ‘quick, easy’ money through pay day lenders to buy Christmas presents

34. Recycle Christmas wrapping paper and gift bags from previous years

Decorations

35. Get your children involved by making your own Christmas cards

36. Buy your 2022 Christmas decorations on or after Boxing Day

37. If buying a new Christmas tree is not in your budget this year, consider designing and building your own

38. To give the traditional ‘Christmas tree’ a modern twist, decorate an indoor plant

39. Make your own table decorations – i.e. use a roll of wrapping paper as a table runner or pick foliage from your garden

40. Make your own Christmas stockings by decorating old pillow cases

41. Use newspaper and craft paint to make a home-made Christmas garland

42. Choose solar Christmas lights over electric

43. Do not put yourself in debt trying to make your house look like something you saw online. You don’t need to make people believe that you live in a European, snow covered cottage…

Budget

44. Are you a casual employee and does your work place close over Christmas? Make sure that you have funds saved up to cover essential living expenses over the Christmas break.

45. Do not put yourself into financial hardship for the sake of others. If you cannot afford to attend a Christmas function, it is ok to politely decline the invitation.

46. It is inevitable that there will be people out there that will spend more/less than you at Christmas. Remember to work within your budget this Christmas

47. The weather at Christmas time can be extremely hot. Consider doing a home energy audit on your air conditioner/cooling system to see the amount of electricity it uses and what it is costing you

48. For Christmas 2022, consider putting money away each fortnight into a separate bank account

49. Create a Christmas spending budget and keep track of food, presents, decorations, etc

50. Try to avoid using the money you would spend on essential living expenses (rent, electricity, etc) to pay for Christmas. This will catch up with you when Christmas is over.

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Only a Week till Christmas

Where does the time go? Only 7 Days until Christmas!

Time to pick-up last-minute gifts and prepare for celebrations with family and friends. There’s presents to wrap, food to make and lots and lots of little jobs that can make it a very busy time.

Christmas Finances

The tricky thing about the festive season is that life doesn’t stop. Your real estate agent will still direct debit your rental payment, your electricity company will still want your quarterly bill paid and your telco company will still demand your BPay payment on a set day of the month.

With the added expense of Christmas, the end of the year can put a lot of pressure on people’s financial situation and unfortunately here on the Affordable SA helpline we tend to see the aftermath at the start of the new year.

Being part of the billion-dollar Christmas debt hangover is no way to start the New Year. If you are struggling with your expenses call the Affordable SA Helpline on 1800 025 539 to speak to a Financial Counsellor.

You can also find a range of programs that can help here:

https://affordablesa.com.au/programs/money-and-finances

Food for Christmas

Have you got enough food for you and your family this Christmas?

There's still time to access food pantries and emergency relief, but be quick as services may be closed, providing limited service or have different hours during the Christmas and New Year period.

A food pantry offers free or low cost food and groceries to the community. Find a local Food Pantry here:

https://affordablesa.com.au/programs/food/food-pantry

You can find local, emergency relief here:

https://affordablesa.com.au/programs/food/emergency-relief

You can also call the Affordable SA helpline to be connected to services near you that can help. Call the helpline on 1800 025 539

A Christmas Together

It's also an important time to check in on people you know who may be experiencing loneliness or hardship.

Spare a thought for your elderly neighbour who lives alone, your friend who is experiencing financial hardship, your relative who is going through a separation or your co-worker who is struggling with depression.

If you know someone who finds this time of year especially difficult, consider reaching out to them to show that you are thinking of them.

If you or someone you know finds this time of year especially difficult, services such as Lifeline are available 24 hours a day 7 days a week to take your call on 13 11 14

https://affordablesa.com.au/programs/health-care/lifeline

Have a Merry Christmas South Australia

From everyone at Affordable SA, we wish you a very merry Christmas and all the best for 2021!

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