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The Manifesto of the Money Movement

The Manifesto of the Money Movement

The Manifesto of the Money Movement

Every single day of our children’s lives, they will be put through their paces in terms of money management.

However, because we were never taught these skills in school, the majority of us had to learn them the hard way.

We need to do more to make a difference.

The following are the five primary objectives of the Money Movement:

  1. Every year, implement a practical 4-to-6-week Money Challenge that is both fun and educational.

When literacy rates were declining, the Premier’s Reading Challenge was established to encourage children to read more — and it was a success! As an example, I’m encouraging state governments to support a Money Challenge — not just another requirement in an already overburdened curriculum, but something exciting that schools will participate in because it is both necessary and enjoyable!

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  1. Demonstrate to primary school students the importance of working, saving, spending, and giving.

When you get children excited, it’s amazing what can happen to them. In the course of a Money Challenge pilot program at a school in Hervey Bay (one of the nation’s most impoverished regions), a six-year-old came up with the idea of using money from their class’s ‘Give’ fund to provide food to the homeless people in their local community. In both their personal lives and the lives of their neighbors, it was a life-changing experience.

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  1. Teach high school students how to find work and how to set up their savings accounts.

You recall thinking to yourself as a teenager in class, “How am I going to put this to use in the real world?” After learning at a pilot Money Challenge, I met teenagers who were the first family members to obtain employment and establish savings accounts. Consider what your life would be like if someone had assisted you in completing that task on your first paycheck. That is something I want for every Australian and Zambian child. Let’s put them in a position to succeed.

  1. Make a commitment to your own professional development. Teachers should receive financial education.

Teachers are not in the profession solely for the money: it is a vocation for them. Even so, it’s difficult to stand up in front of a group of year 9 students and speak about the dangers of credit cards (known as kaloba in Zambia) when you’re personally in debt to credit card companies. The bottom line is that in order to raise financially fit children, we must have financially fit teachers.

      5. Ban all financial institutions from our educational institutions.

The equivalent of having Ronald McDonald teach our children about nutrition would be for banks to do the same thing. The financial education of our children is far too important to leave to others. The government financial regulator (ASIC in Australia; think of a financial regulator in Zambia-] is independent of commercial interests and should deliver the program, rather than the private sector.

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This is something I sincerely believe, and I’ve been working on it — and piloting it in schools — for several years now. However, it is now necessary to take the next step and convince your state government to support your initiative.

This is something I want every Australian and Zambian child to learn. So, if you agree, I’d appreciate it if you could do me a favor:

Would you be willing to lend your support to this campaign by leaving a comment below:

The following are some of the opinions expressed by the general public regarding children learning financial literacy.

What could be more important than teaching children (who will, in turn, educate their parents) how to manage their financial resources? Indeed, the current curriculum is just as important as it was in the past. And I’m sure they’ll enjoy learning about it even more than any other subject.

A more critical time has never existed for children to learn about money and financial literacy.

According to some experts, education in financial literacy should be the most important subject covered in our educational curriculum. Please, our political leaders, support Scott’s proposal for the ‘Money Movement’ so that our future children will not be forced into poverty. Thanks

What could be more important than teaching children (who will, in turn, educate their parents) how to manage their financial resources? Without a doubt, it is every bit as important as the current curriculum. And I’m sure they’ll enjoy learning about it even more than any other subject.

A more critical time has never existed for children to learn about money and financial literacy.

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I must sign this petition because financial literacy is just as critical as learning to read and write.

It is the way our worldview is formed (particularly before the age of nine) that sets the stage for how we behave with money and whether it results in healthy or stressful behaviour.

To me, teaching kids fundamental money skills is essential. There should be no hype, no advertising, just the truth about how we can choose to control money or allow money to control our lives, and that’s what I believe should be taught.

The Barefoot Investor was one of the first financial books I ever read, and I can’t believe how much faster I’m saving now. This would make an excellent educational program for children.

This is the proper financial education that should be provided to all school-aged children.

Yes, children must learn about money management skills to be successful in the future. I wish I had learned about money management skills in school.

No one taught me anything about money management when I was a child, teenager, or student that I am signing this petition. It is the essential lesson currently missing from the curriculum, which must be addressed immediately.

I’m signing because teaching children and adults about money management is fundamental to helping them on a daily basis and in the future: the greater the number of people who prosper, the more financially secure the community.

This is a practical life skill that children require. I wish we had something like this back in the day!!!

Children must learn how to manage their finances responsibly.

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