Q. Why were the MoneyMinded programs developed? A. According to research commissioned by ANZ, there is a strong link between socio-economic status and adult financial capability levels.
This research also identified groups within the community that could benefit from improved financial literacy and the issues that could be addressed.
In response to the research, ANZ initiated and led the development of MoneyMinded as part of its commitment to use its resources and expertise to build the financial knowledge, skills and confidence of all Australians, particularly among those who are vulnerable.
MoneyMinded provides unbiased consumer education and is free from any ANZ branding or promotion of any financial institutions' products or services.
Q. How was MoneyMinded developed? A. The original MoneyMinded program was first launched in October 2004. It was written by the Centre for Learning Innovation (CLI) in the NSW Department of Education and Training with contributions from an advisory committee featuring nominees from the Australian Financial Counselling and Credit Reform Association (AFCCRA) and Financial Counsellors' Association of NSW Inc. (FCAN). The advisory committee also included representatives from the Australian Securities and Investments Commission (ASIC) and ANZ.
Following a nine-month trial and feedback from financial counsellors, community educators and participants, a review of MoneyMinded commenced in August 2005. This review involved another advisory committee featuring financial counsellors from every State and Territory many of whom also represent AFCCRA, as well as an ANZ representative. The revised version of MoneyMinded was released in December 2005.
MoneyMinded online was developed by online learning specialists, The Learning Group, and ANZ in late 2005. It is based on the original MoneyMinded program with additional information on superannuation and investments, and has been reviewed by independent financial counsellors.
Q. How can I participate in the program? A. Complete the MoneyMinded online courses and enjoy the other resources such as games on www.moneyminded.com.au
If you are a community educator or financial counsellor, you might be eligible to become a trained MoneyMinded facilitator. Details are outlined below.
Q. Who runs the MoneyMinded facilitator training program? A. ANZ works in partnership with a range of community organisations to offer MoneyMinded training to eligible facilitators.
Q. Who can attend the MoneyMinded Facilitator Training program? A. MoneyMinded facilitators should have either adult education/facilitation skills, have a financial background, or be a financial counsellor.
Past participants include community or health workers or educators who work with people in groups and one-on-one settings, for example, community and women's centres, disability and mental health groups, or migrant and family services.
This course will prepare you to run small groups or use the MoneyMinded information one-on-one with clients of your program.
Q. What are the details of the MoneyMinded Facilitator Training program? A. MoneyMinded Facilitator Training is offered free of charge to eligible people working in the community sector and runs over two full days.
MoneyMinded resources are given to each trained facilitator at the end of the training.
Trained MoneyMinded facilitators can also order materials for participants who attend their sessions in the future.
Q. How do I become a MoneyMinded facilitator? A. Send an expression of interest to moneyminded@anz.com or contact one of the training partners listed in the Contacts section of the website.
You will need to agree to some terms and conditions about the use of MoneyMinded.
Q. What is my commitment to MoneyMinded after attending training? A. Our aim is to distribute MoneyMinded for use by community workers and financial counsellors when they talk about money issues with their wider client group. Because of this approach we ask all facilitators to:
Run workshops with people or clients you work with
Use the information one-on-one with people or clients you work with
Incorporate MoneyMinded information into education or life learning information sessions and workshops you already run
Give us your feedback. Twice a year RMIT University will send out a feedback sheet so you can tell us:
How many people you have used MoneyMinded with
What information from MoneyMinded has been most useful
Any suggestions you have for improving MoneyMinded.
