How financially literate are you?

Do you have good skills in managing your own personal finances, in:

• planning?
• budgeting?
• investing?
• borrowing?
• risk management?

Financial literacy is recognised as being really important for the empowerment of individuals and has serious implications for their quality of life.  It helps people feel more in control and less stressed about money.  It also gives them more choice in their lives.

Improve your financial literacy

The Australian Securities and Investments Commission has some excellent financial tips on their Fido website at www.asic.gov.au/fido - particularly in the Managing your Money section.

Watch this space

With the help of Money 101 Money for Life we intend to regularly post useful information about financial literacy on this page.

Money 101 is an online financial education program that is independent of any bank, insurance company or funds management group, so it does not push/promote any specific financial products.  The program is designed to help working people and their families take control of their finances and plan for a secure future.  For more information about Money 101 Money for Life, click here www.money101.com.au