Get money savvy with Financial Literacy Program
Financial literacy is an important life skill that all children need to learn, which is why we’ve partnered with the University of Newcastle to present the Greater Bank Finance Academy.
As a mum to three teenagers, I can very much relate to the importance of young people having a sound knowledge of financial matters, particularly when they are at the stage of finishing school and heading out into the working world.
As luck would have it, the first lesson I delivered happened to be to the high school I attended many moons ago! This was terribly exciting for me. Using my local knowledge I was able to quickly develop a rapport with the students based on our common ground. As the session continued I enjoyed the questions that the students presented, displaying that they were a) listening to what I was presenting, and b) processing the information themselves. I smiled all day after my first lesson.
Information is power! The better educated we are in any field, the easier it is to make the right choices. This is so important when it comes to managing our finances. We all work hard to earn our money and like to see the benefits of this hard work through correct management.
Being involved in banking for over 25 years, I have seen many customers in situations that could have been avoided just by having some financial knowledge under their belts. This is seen particularly so when people are applying for loans. Knowing the important factors that lenders take into consideration such as regular savings and your credit history, and how these factors can affect the outcome of what you are trying to achieve is so important.
Financial literacy is an important life skill that all children need to learn, which is why we’ve partnered with the University of Newcastle to present the Greater Bank Finance Academy.
Clontarf Foundation’s Newcastle High Academy program is working with Aboriginal and Torres Strait Islander students to ensure they are equipped with key educational and life skills.
High school students across Newcastle will benefit from a short-course focused on informed financial-decision making, thanks to the Fundamentals of Financial Literacy Program.