Financial Literacy for CALD Women by WIRE

Financial Literacy for CALD Women by WIRE

Managing money isn’t always easy and rising costs make it even harder to stay on top of things, but you don’t have to do it alone!

• Introduction to Financial Wellbeing: Brief overview of what financial wellbeing means & why it is important. The connection between financial health and overall wellbeing

• Budgeting Basics: Introduce the concept of budgeting, track income and expenses and create sustainable financial goals.

• Needs vs Wants: Understanding the difference and prioritizing financial decisions.

• Emergency Fund: The importance of building a safety net for unexpected expenses and strategies for saving effectively.

• Managing Utility Bills: Provide knowledge about managing utility bills, understanding statements, and avoiding late fees.

• Managing Debt and Avoiding Debt Traps /Scams: Different types of debt & how interest works. Tips on paying off debt

• Understanding Afterpay and Similar Services: Explore how “buy now pay later” services work, the pros and cons and the importance of using them responsibly.

• Access to Financial Support: Familiarize participants with available financial services and support programs, ensuring they know where to seek help when needed.

This is a free event, register today.

Hosted at the Wyndham City Civic Centre, Council Chambers, Run by WIRE