Financy is a big supporter of financial equality and literacy among women, but it’s not enough to simply write for those who want to know more, we believe in reaching out to the unengaged – younger Australians.
We recently started a petition –
– which calls for financial literacy/money skills to become compulsory in years 11 and 12 at all Australian high schools.
It may or may not come as a surprise to you but financial literacy through maths is not compulsory in years 11 and 12 at Australian high schools.
Indeed maths is not compulsory at Australian high schools.
Because of this, many people – men and women – enter the workforce with little understanding of money, building wealth, risks and poverty.
We want to improve financial independence and equality in this country and believe in doing so we can also support gender equality.
On average Australian women, compared to men, are faced with a gender pay gap, a superannuation savings gap, are more likely to be the unpaid primary carers of loved ones and are more likely to retire in poverty.
We owe it to younger generations of Australians to do better and that starts with education and petitioning our state and national governments to take united action.
These compulsory financial literacy lessons must also be relevant to daily life, and include real examples of the challenges often faced by men and women when it comes to money, as well as the solutions and benefits to being financially educated.
This is one area where we can do better, and we must do better for the country to experience greater financial prosperity and independence.