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Adobe
It depends on how sophisticated you want to get. Word will make a flyer with images - if you have good fonts + right images, you can use that.
I use Adobe Indesign and Photoshop and think the Adobe Suite is the best, that's of course my personal preference. Photoshop is not a layout program per se so while you can use it to create a flyer, it's much easier in InDesign once you've done your image manipulation in photoshop, of course.
If you are a student (or perhaps have a student in your family), you can get great prices on software through college bookstores. For example, my price as a full time student for Adobe CS3 (the bundle) is $300 which is crazy savings.
If you're an alumni you get a discount but that varies school to school.
Heinaku, of course that may not be the case in Finland, sorry.
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