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August 30, 2013

MoneySmart Week 1 – 7 Sept 2013

MoneySmart Week is an annual national initiative promoting the importance of financial literacy through the collaboration of over 100 organisations from the private, public and community sectors. Co-ordinated by the Australian Government’s Financial Literacy Board, the objective of the initiative is to draw attention to the fundamental importance of basic financial literacy for every individual.

Assisting financially vulnerable South Australians into a better position to manage a household budget is the focus of The Wyatt Trust’s Financial Wellbeing Portfolio. Through partnerships funding access to financial counselling, No Interest Loan Scheme (NILS) support, and financial literacy workshops and information sessions, The Wyatt Trust aims to assist households experiencing financial difficulty to access the support and information they need to make informed financial decisions.

The Wyatt Trust’s partnership with Lutheran Community Care at Peachey Place Living Skills Centre is just one example of how we are working in this area. Focused on Culturally and Linguistically Diverse (CALD) clients in the City of Playford, the partnership facilitated the delivery of seven financial information sessions to 29 participants over a three-month period. Providing information on a range of financial literacy topics in both English and Kirundi, the sessions were structured to facilitate confident financial decision-making within the Australian context.

Visit The Wyatt Trust’s Financial Wellbeing Portfolio for more information about our work in this area, and visit MoneySmart Week to explore the range of activities and initiatives being celebrated this week.