Designed to help provide tips to young people on making smart financial decisions to build a better future, ASIC has launched Get Moneysmart.
ASIC notes that over 50% of the younger generations are looking for ways to make the most of their money through survey research conducted, recognising the need to provide more to satisfy the growing demand for information.
Get Moneysmart is a new government resource targeted at 15-21 years olds to help provide a solid foundation for young people to begin understanding financial concepts and money management.
ASIC Commissioner Sean Hughes shared this as a part of the media release for the Get MoneySmart launch,
‘Get Moneysmart encourages young people to make a money plan and feel more in control of their financial lives.
‘Learning early how to manage money, make informed choices, save and plan for the future, helps young people be more prepared for significant financial decisions later in life, as well as guard against common pitfalls and unnecessary risks’
Get Moneysmart houses calculators, tools for savings and budgeting, videos and practical tips on how to financially plan for the future. The resource builds confidence in our youth and provides them the tools they need for a stronger start in using their money in the best way possible.
Please take a look at https://moneysmart.gov.au/get-moneysmart and if you would like to get in touch with us to discuss how we can help, please call us on 1300 360 744 or pop us an email to info@sccu.com.au.
