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First day with a new class today - much thanks to the West Gate Neighbourhood Fund! State MP Katie Hall joined us at Yarraville Community Centre as we welcomed an eager cohort of culturally and linguistically diverse students, giving them a practical guide on how to survive in Australia's economic ecosystem 🌱
Co-design is key to making sure that the content that the Money Mentor program delivers is impactful, engaging and connected to the real-world circumstances of the participants. Hence, an important step in preparation for a Money Mentor delivery is to meet with leaders in the community group / organisation, understand the needs and challenges of their members and work together to design bespoke financial literacy education targeted towards supporting this cohort. Recently the Money Mentor program received a grant from the Westgate Tunnel Project to work with the Yarraville Community Centre to assist new migrants navigate the Australian financial system. This involved simplifying key financial terms and products in addition to identifying and understanding the services available when looking for employment in Australia. IMAGE: Angela our Money Mentor Program Manager sits with Heather the Yarraville Community Centre, Foundation Co-ordinator.
Money Mentor Program is ALL about building relationships 2025 marks the fourth year of the MM program and has been engaged by Mount Alexander College and the third year by Altona College. At Mount Alexander College, it is being delivered to the whole year 8 cohort in their Maths classes. Altona College has found that the program is a good fit for students undertaking the elective Business Management. We're delighted to have these ongoing relationships and grateful to the staff leaders who continue to champion the importance of student financial literacy. #AltonaCollege #MountAlexanderCollege @mountalexandercollege @bacchusmarshgrammar @yarravillecommunitycentre
Congratulations to Year 12 students who have recently received their VCE results! The Money Mentor team is delighted to have spent time with your schools on your journey to financial wellbeing. Wishing you all the best with your chosen pathway.
It was great to recently deliver the Money Mentor Program to over 700 students within the Year 9 and 10 cohorts at Bacchus Marsh Grammar across the Maddingley and Woodlea campuses! We spoke about financial key concepts and getting a job with Year 9 students, as well as super, banking, analysing bills, and spending with the Year 10 cohort. Thanks to Bacchus Marsh Grammar for the opportunity to deliver this incredibly important financial literacy program! @local_impact_ @communitybikehub @thewestsider @bacchusmarshgrammar
Understanding your pay slip is an important foundational step in anyone's financial literacy journey. The humble payslip stores valuable information about your finances - from your hourly rate, to your leave entitlements and superannuation - and in the Money Mentor program, Angela helps students navigate this in depth. Knowing your financial position, and your entitlements, is vital to achieving independence and confidence in today's often stressful working world!  #financialliteracy #personalfinance #moneymentor
Financial literacy is so important at every age, to build independence, confidence and security. Earlier this week, Money Mentor program manager Angela visited Werribee's Eagle Stadium to deliver a talk to a group from Daughters of the West who were at various life stages and diverse financial backgrounds. While Angela shared some of her top tips for financial wellness, the group actively engaged with each other, sharing their own savings strategies - with everything from accessing seniors discounts, to switching banks. It was great to see such an open, enthusiastic forum that focussed on empowering women through money management! 🌱 #financialliteracy #moneymentor #moneymanagement
The Money Mentor program is all about providing practical tools to students and community participants, including those who are heading into the workforce for the first time. Module 2 focuses on the nuts and bolts of getting a job: how to get a Tax File Number, breaking down the difference in work types, and (vitally) ensuring you know how much you should be getting paid! So many people start work without knowing the financial basics, so the Money Mentor program has been designed to target this knowledge gap.  Find out more about by emailing our program manager Angela: angela@moneymentor.org.au #financialliteracy #education #moneymatters #moneymentor
Money Mentor program manager, Angela, writes about the importance of numeracy skills and their relationship with financial literacy in this month's edition of @thewestsider "There are many things which influence a child’s capacity to learn. Family dynamics, peer group, school environment, and community are all important factors. As the old adage goes ‘it takes a village’ to raise a child. When it comes to financial knowledge, if a child does not have the support of their ‘village’ to develop their long-term financial knowledge, it is vital that schools step in to provide equity in education. The @unitednations has even highlighted the importance of universal numeracy skills in their Global Sustainable Development Goals." Read the full article in print and online via the link in our bio 🌱 #financialliteracy #numeracy #moneymentor #SDGs
The Money Mentor program has recently collaborated with the @wbfcfoundation to bring financial literacy workshops to a new group of young people in the west! No matter your background, learning key financial skills is vital. Whether it's knowing how interest works, differentiating between different types of bank accounts, along with superannuation and tax foundations, the Money Mentor program is designed to be as easy to digest and apply learnings in real life! Find out how we can assist in your community by heading to our website: moneymentor.org.au #financialliteracy
We are excited to be a recipient of the Victorian Government’s West Gate Neighbourhood Fund! Thanks to this funding, we will be working with our partners at @yarravillecommunitycentre to co-design and deliver the Money Mentor program across four workshops for the inner west community in 2025. The Money Mentor program exists to increase financial literacy in the community so that individuals can make informed decisions about money, while building confidence and independence. The support from the West Gate Neighbourhood Fund and @westgatetunnelproject will enable us to reach new groups, and tailor our content to the community context of the Yarraville Community Centre. Watch this space for updates about this exciting new collaboration. #financialliteracy #codesign #communitydevelopment
So why is financial literacy so important? Well, simply put - it builds more economically resilient communities with healthier, happier, and more confident individuals who can make informed financial decisions. Boosting global education about financial citizenship helps reduce poverty, create more sustainable economic environments, improve social outcomes and liveability ratings of the world's population* 📈💪🌱 *Khalil 2021 #financialliteracy #communitydevelopment #sdgs
This financial year, the Money Mentor program will highlight some of the most vital takeaways from each module, giving you a taste of why financial literacy is so important, and how the Money Mentor program is designed to make fundamental financial skills accessible for more people.  "the process by which financial consumers improve their understanding of financial products, concepts and risks including where and how to access help or take the necessary actions to improve their financial well-being"  (OECD, 2005) Share our profile to spread financial literacy and the work of the Money Mentor program!  #financialliteracy #moneymangement #moneymentor
Tax time is almost upon us! Our program manager Angela has some top tips to share ahead of July 1, including: 🪙 Claim all relevant tax deductions 🪙 If you have a simple tax return (eg. no investments) complete on MyGov to save money 🪙 If you are using an account, ensure they are a registered tax agent 🪙 Keep track of the details on your current tax return in a spreadsheet to ensure you've claimed everything you're eligible for The Money Mentor program aims to increase the rate of financial literacy in young people so they can effectively navigate the Australian tax system. Email angela@moneymentor.org.au to find out how Money Mentor can benefit your school, business or community! #taxtime #financialliteracy
We're fast approaching the end of the Financial Year, and therefore it's an opportunity to review budgets and set savings goals! While we don't recommend keeping your savings in a jar, we do recommend checking out the Money Mentor website for information about our program, which includes details about the modules we offer on income tax, savings and budgeting.  🪙📈 #moneymentor #financialliteracy #savings #budgeting #taxtime
In light of the recent Federal Budget and $300 energy bill rebate, and the ongoing cost of living challenges facing Australians, it's a good time to review bills.  💡Utilities services are quite competitive and offer you an incentive to incorporate numerous bills with them, whether that be in a form of a discount or voucher. 💡The next step is to set aside a few hours to contact these companies to see what current deals they have. 💡Be aware of bill comparison apps and services in the market that claim to do all this work for you to get you the best offer for your circumstances. 💡Once you have clarity of current bills, made effective changes to household consumption, and achieved savings through research and inquiry into the market deals, then it’s worthwhile setting aside some time in the future to regularly review these bills. Stay tuned for more top tips for managing utility bills and how the Money Mentor program is here to increase everyday financial literacy. #bills #costofliving
Our program manager, Angela, is back in the classroom this term, sharing financial information and providing practical skills to students across Melbourne. At @academy.of.mary.immaculate she is currently teaching Year 9s about how to apply for tax file numbers, read payslips and other helpful insights about tax and employment for their journey into part-time work! If you want to find out more about the Money Mentor program, email angela@moneymentor.org.au 💸 #financialliteracy #moneymentor #education
Build your financial confidence and independence with the Money Mentor program! Our Program Manager, Angela, is serving up more effective budgeting tips: 💸 Identifying your "wants" and "needs" can help effectively manage your budget. 💸 Periodically review your budget and assess whether surplus income to achieve your goals  Keep an eye out for more tips from Angela and the Money Mentor team! For more information about how you can book your own Money Mentor workshop via the website: moneymentor.org.au (link in bio)  #financialliteracy #buildingkeyfinancialskills #moneymentor
Cost of living pressures have increasingly impacted household budgets across Australia over the past few years. Effective budgeting is one tool that can help individuals and families stay on top of expenses and save money. Program manager Angela shares her top tips for effective budgeting.  The Money Mentor program provides participants with practical skills and information, focused on building financial literacy in the community. For more information about how your can get involved, head to our website: moneymentor.org.au (Part one of two!)  #financialliteracy #costofliving #personalfinance #budgeting
‘No Poverty – end poverty in all its forms everywhere.’ This is a bold statement of intention outlined in the United Nations’ Sustainable Development Goals.  Given the current economic climate and increasing cost of living, is eradicating poverty achievable in Australia, let alone the rest of the world? The team at the Money Mentor program would like to think so. We support this ambitious goal of ending poverty both at home and internationally through providing financial literacy education to many demographics, from students to adults returning to work. Find out on our website about how we help people realise their financial independence and build their confidence 📈🙌 Read the full article from Money Mentor manager Angela Martin in this month's edition of @thewestsider #endpoverty #financialliteracy #sustainabledevelopmentgoals
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Address

84 Gamon St, Yarraville VIC 3013

Email

angela@moneymentor.org.au

Phone

1300 FIN LIT