Why is financial literacy important to you?
I have always been very good with my money and I can see where it has got me. I have also seen a lot of people since I started at Greater Bank that don’t have enough education around financial literacy and therefore this makes it hard for them to achieve the dreams they may have of owning their own car or home.
What have you enjoyed most about delivering the program?
I find the program very rewarding. Obviously there are students who are timid or shy and taking it all in and other students who are extremely engaged and asking a lot of questions. I always take it back to when I can remember learning Math in Year 7 or 8 – learning how to calculate interest, but I don’t ever remember being taught how learning this skill could help me in life. I believe this program facilitates a thought process with the students so they are much more informed about making good banking decisions and can work towards achieving their dreams.
What was your financial literacy ‘ah-ha’ moment?
For me this is teaching the students that if they have a mobile phone in their name they probably already have a credit report. Most have no idea and they have no idea about how to look after this credit report they didn’t know they had. It’s such a fantastic education piece for them.
Delivering these lessons can potentially help them to not have that awkward moment applying for a car loan and realising they have terrible credit score because they weren’t aware or educated enough around this.