Life Experiences: Education


Matriculation (completing school)

Your last year of high school is one of fun and excitement. You are the big fish, and virtually every other learner in the lower grades looks up to you. But it is also a time of uncertainty and worry, particularly if you are getting close to the end of it and not asking the right questions.

To make sure that you are prepared once you receive your Matric certificate, here are some questions you should be asking:


  • Do I want to study further, if not what will I do?
  • What are the costs to study further?
  • Where do I apply for financial assistance?
  • Will I need someone to sign surety for me?
  • Where will I live?
  • Can I live within a budget according to my income?
  • Do I know how to choose the best bank accounts for my financial needs?


Leaving school

School is meant to prepare you for the real world, and to an extent, it does. Leaving school and entering the real world can be a shock with the decisions that you need to make. Whether you choose to study or work you will need to earn a living. This could include working set hours, five or more days a week, possibly doing a job you don't particularly enjoy, possibly even having to share accommodation because you can't afford the rent in your local area. It can take some getting used to after the fun you had at school, but it will help enormously if you're equipped with the right financial knowledge.


  • Do I have a family to support?
  • What are my living expenses?
  • What are my options regarding study assistance?
  • Will I need to pay tax?
  • Is a credit card an option at this point in my life?
  • How can I prevent myself getting into debt?
  • What "black tax" will I be responsible for?
  • What are my options to continue my education?
  • Can I access social grants?

Graduation from tertiary education

Once you have completed your schooling, college or university studies, you need to make some important financial and life decisions. You need to think about what you want in life. Having goals and a plan will help you create the life you want for yourself – right from day one. When you start your first job, you'll need to sort out a few basics:

  • Do I know how to manage my money when I start earning?
  • What will I do for money if I only find part-time work?
  • Can I live within a budget according to my income?
  • Do I have a student loan to repay?
  • Where will I live?
  • What are my transport requirements?
  • What kind of insurance do I need?
  • When do I start saving for my retirement?

Repaying student loans

Consider Life insurance



My life My money My future Powerpoint Presentation

Financial Guide for Youth

Budget Booklet

Financial priorities for first time workers