Did you know this week is Financial Planning Week? Every year, the Financial Planning Association (FPA) holds Financial Planning Week, to remind Australians about the importance of financial planning. The theme for this year is “Share the Dream” and I think it’s a great reminder of why we need a plan in place to ensure financial wellbeing, not only for ourselves, but future generations as well.
To celebrate the FPA has launched a new eBook to help Aussie parents (grandparents, teachers, aunts and uncles), have money conversations with kids. The eBook is full of ideas and activities to help teach kids the value of real money, when money is often invisible in today’s digital world.
Something you might also find interesting is the Share the Dream research report which has some interesting insights into how Australian parents are raising the next generation - the ‘Invisible-Money Generation’. The report highlights that two thirds of Australian parents believe digital money is making it harder for children to grasp the value of money. Those who have sought advice from a financial planner have the most frequent money conversations with their kids and are most likely to believe their children are equipped for today’s digital money world.
The report offers new insights into our nation’s financial capability and readiness to share the dream with the next generation. Are we are financially capable of teaching children how to be financially savvy?
You can download the free eBook, access the Share the Dream research report and find other useful content to share the dream at www.moneyandlife.com.au/share-the-dream
This information is of a general nature only and neither represents nor is intended to be specific advice on any particular matter. Infocus Securities Australia Pty Ltd strongly suggests that no person should act specifically on the basis of the information contained herein but should seek appropriate professional advice based upon their own personal circumstances.