Fundamentals of Financial Literacy Program for Wyong students

Year 10 students at Wyong High School (WHS) are taking part in the Greater Bank Finance Academy’s Fundamentals of Financial Literacy Program.

Over 100 students have entered the four week program, which was developed through a partnership between Greater Bank and the University of Newcastle, and focuses on informed financial decision making through the delivery of a range of community education programs and practical workshops.

The content will be delivered by WHS teaching staff together with Greater Bank and University of Newcastle Ambassadors, who deliver the practical and theoretical strategies behind money management via Zoom.

Students will cover topics such as managing money, reducing debt and implementing simple saving strategies, which all aim to help students make better and more informed financial decisions.

According to WHS Career Advisor, Leonie Connally, the program is helping to give students the financial knowledge they need to transition into adulthood.

“We’ve implemented the financial literacy program as part of the Year 10 Career Education program.

“It provides students with an opportunity to gain awareness of financial literacy and a greater understanding of how this relates to their lives now and in the future,” Connally said.

Greater Bank Head of Marketing and Customer Experience, Matt Hingston, said the program encourages students to question how they think about money and achieve key financial objectives.

“Understanding money is an important life skill and our program is helping to bridge that education gap,” Hingston said.

“Our partnership with the University of Newcastle harnesses the strength of the University’s theoretical background with the application of Greater Bank’s practical, real world experience to provide students with essential financial skills for life.

“As part of the financial literacy program, schools are provided with all the educational resources and materials they need to effectively deliver the content.”

Dilon Luke