Simple steps to make a big difference to your finances Talk to us Phone us Email us Breadcrumbs Teachers Mutual Bank Community 2013 Simple steps to make a big difference to your finances 02 September 2013 02 September 2013 Simple steps to make a big difference to your finances The Australian Government Financial Literacy Board’s national initiative MoneySmart Week is encouraging all Australians to take the next step in their finances during 1 – 7 September 2013. MoneySmart Week is an independent, not-for-profit national initiative started in 2012, and supported by over 50 individuals and organisations, which promotes the importance of financial literacy. Financial literacy is a core skill in today's world, regardless of age. It’s about understanding money and finances and being able to confidently apply that knowledge to make effective financial decisions. It affects quality of life, opportunities we can pursue, our sense of security and the overall economic health of our society. MoneySmart Week’s lead Paul Clitheroe AM said understanding money helps individuals, families, and businesses work towards their goals and secure their financial wellbeing, as well as managing financial stress should it arise. “MoneySmart Week is a week when we can take stock and take the first steps towards a better financial life! It is designed to raise awareness of the programs and support already available and motivate people to take positive action”, Mr Clitheroe added. As a bronze partner of MoneySmart Week, we encourage members, to take part in this initiative and give yourself a money health check, using the easy, online tool available on our MoneySmart Week page. We are committed to enhancing the financial wellbeing of our members and we recognise our important role in supporting the education community. Teaching financial literacy is not just about helping students with understanding numbers – it is helping them understand how financial awareness impacts on and relates to their everyday life, both now and in the future. Back to top.