© ASIC 2012

Parent/Carer Workshop: Parents/carers as partners in learning

Helping young people be MoneySmart

© ASIC 2012

Welcome to our MoneySmart journey

• Grab a cuppa! • Stick on a name tag.• Take a seat and introduce yourself.• We will take about an hour of your time.• Don’t hesitate to ask questions!

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© ASIC 2012

Money Makes the World Go Around

This is a motivational, animated video which highlights why consumer and financial literacy education is important

Videohttp://teaching.moneysmart.gov.au/resource-centre/videos/money-makes-the-world-go-around

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© ASIC 2012

Consumer and financial literacy education

In the context of increasing global financial instability, digitisation and invisibility of money, it is important that students become savvy consumers and financially literate.

Consumer and financial literacy is:• a core life skill• a context for learning and• critical for life in the 21st century

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© ASIC 2012

Reliable sources of information

Introduction to Australian Securities Investments Commission (ASIC) and the MoneySmart Websites

www.moneysmart.gov.auA quality assured source of general information for all people on financial matters

www.teaching.moneysmart.gov.auA website for teachers, students, parents/carers

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© ASIC 2012

A word from Paul Clitheroe

• Chairman, Australian Government Financial Literacy Board, expert in financial matters and popular TV presenter

http://teaching.moneysmart.gov.au/resource-centre/videos/changing-world-of-consumerism

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What do students need to know?

Paul Clitheroe highlights many issues and situations faced by young people.

What are they and how can students best be prepared to deal with them?

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© ASIC 2012

Benefits of being a MoneySmart School

Benefits:• MoneySmart Students • MoneySmart Parents• MoneySmart Teachers• motivated and engaged learners• quality assured units of work aligned to the Australian

Curriculum• whole school professional learning process• a marketing point of difference

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© ASIC 2012

Process of becoming a MoneySmart School

Teacher Workshop 1: Introduction to Consumer and Financial Literacy Education in Australia

Parent/Carer Workshop: Parents/Carers as partners in learningParent/carer Focus Group discussion

Teacher Workshop 2: Implementing MoneySmart Teaching Units of Work in the classroom

Teacher Workshop 3: Embedding MoneySmart Teaching into faculty curriculum

Teacher Workshop 4: Showcasing MoneySmart Teaching

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Overview of the MoneySmart Teaching Secondary package and units of work

• The MoneySmart Teaching Secondary packageContains:o A Teacher Guideo A Facilitator Guideo Units of work for mathematics, science & Englisho The National Consumer and Financial Literacy Framework

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Five Important Concepts

Through the MoneySmart Teaching Units of Work students will learn about five important concepts of money management which are:• to plan• to save• to spend wisely• to invest• to donate

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Gaining Understandings Maxed out!

We don’t want to alarm you, but look at this short movie about youth debt — http://teaching.moneysmart.gov.au/resource-centre/videos/to-the-max

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© ASIC 2012

Concluding messages

• Discuss with your children• Discuss with your child’s teacher• Help with home study tasks• Get involved• Visit the MoneySmart Teaching website

(www.teaching.moneysmart.gov.au) and www.moneysmart.gov.au with your children

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© ASIC 2012

Thank You

Thank you for attending this Workshop - Parents and Carers as partners in learning.

Please continue your discussions during refreshments.

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