Students from four Geelong schools have had a chance this week to learn how to better manage money thanks to free financial literacy workshops.
The Ecstra Foundation hosted Talk Money workshops at Geelong High School, Clonard College, Belmont High School and Wangala Primary School from February 26 to March 1.
Ecstra education manager Dr Tracey West said “teaching the basics of finance should begin early”, as it affected people’s physical, mental and social wellbeing.
“Schools and other educational institutions play a vital role in teaching tangible money management abilities,” she said.
“However, they require resources, tools, and immersive learning experiences to effectively deliver this education.
“We won’t see substantive progress in financial literacy if the current gap in financial education isn’t recognised and addressed.”
Dr West said the workshops were tailored to year groups and focussed on different topics to provide financial education to students.
“For older high school students, our focus shifts to practical subjects. This involves interpreting pay statements, and understanding taxation, pension plans, and employment rights,” she said.
“For primary school students, our workshops help teach money-related skills including understanding the importance of saving, various saving methods, and achieving savings goals.”
Workshop sessions were also held at Portland Secondary College and Colac West Primary School to teach students foundational money lessons.
More information about the Talk Money program is available at talkmoney.org.au
