Understanding Money I’ve been reading Atlas Shrugged for the last few months, and I’m finally halfway through. The book talks a lot about the purpose, use, and meaning of money. While reading this, I realized that most people don’t really understand money at all. Since this is a topic others have written about, I’ll defer to them. Marc Fleury, founder of JBoss (and a very interesting character), has a good post about what money is and how it functions: The Financial Crisis for Dummies: Money. Money, it took me 37 years to make a bunch of it and it took me 40 to “get it”. Check out the whole post.
Home | National Financial Literacy Strategy financialcounsellingaustralia.org You can find a financial counselling service using the map below. Either type in your postcode or click on your area. You can talk to a phone financial counsellor from anywhere in Australia by ringing 1800 007 007 (minimum opening hours are 9.30 am – 4.30 pm Monday to Friday). This number will automatically switch through to the service in the State or Territory closest to you. Consumer Action Law Centre: 03 9629 6300 Legal advice for the public: 03 9629 6300 / 1800 466 477 Legal advice for consumer caseworkers: 03 9602 3326 Website: MoneyHelp: 1800 007 007 Not-for-profit Victorian Government service providing free, confidential phone financial counselling for Victorians experiencing financial difficulty. Financial and Consumer Rights Council: Find a financial counsellor, seek advice or referral: 1800 007 007 Diploma and membership enquiries: 03 9663 2000 The peak body for financial counsellors in Victoria.
Home | National Financial Literacy Strategy Why financial literacy matters In today's fast-paced consumer society, financial literacy is an essential everyday life skill. It means being able to understand and negotiate the financial landscape, manage money and financial risk effectively and avoid financial pitfalls. Improving financial literacy can benefit anyone, regardless of age, income or background. It helps you make informed financial choices, day-to-day and throughout your life. The National Financial Literacy Strategy was developed in 2011 to provide a national direction for this priority area. The Strategy recognises that improving financial literacy is a long-term journey that requires a multi-faceted and nationally co-ordinated approach, with sustained action by multiple stakeholders. Strategy consultation and development ASIC lead a review of the Strategy in 2013, identifying key issues and priorities to be considered in shaping an updated Strategy for 2014-17: Visit the websites of ASIC's key programs:
Teaching resources for VET | ASIC's MoneySmart Money management skills for VET students MoneySmart offers a number of online resources to develop the personal money management skills of VET students, apprentices, trainees and senior high school students. For students considering self-employment or starting a small business after finishing school, understanding money and finance is vital. First Business resources ASIC's First Business resources have been developed to help young people thinking about going into small business. The resources include: First Business online module - designed to assist students with deciding whether small business is right for them First Business app - helps students prepare for the practical parts of running a small business The First Business online module includes eight sections and covers getting started, business planning, budgeting, tax requirements and insurance. Each section includes a scenario to put everything in context, reflect on and help grow business ideas and an activity to apply new knowledge.
Publications Download, view, and print publications All MoneySmart publications are listed below as downloadable PDFs. Some are available to order as hard copies (see our order publications page). Note: If any PDF file size is larger than 2MB, it will be stated below. Managing your money Borrowing and credit Superannuation and retirement Investing Complaints Indigenous Under 25s Teaching Related links Home page