MoneySmart Teaching

Helping young people be MoneySmart

ASIC's MoneySmart Teaching program builds the consumer and financial literacy capabilities of young Australians and helps educators, families and the community teach young people about money. Good consumer and financial habits are some of the most valuable skills we can give them.

Here we outline the MoneySmart Teaching program and explain the efforts across the world to improve and measure financial literacy.

What is MoneySmart Teaching?

ASIC's MoneySmart Teaching is the only Australian Government consumer and financial literacy program for primary and secondary students and their teachers, supported by state and territory education authorities and the Australian Council of State School Organisations. 

MoneySmart Teaching:

The program builds the financial literacy capabilities of young Australians and helps educators, families and the community teach young people five basic financial principles:

  • Planning
  • Saving
  • Spending
  • Investing
  • Donating

ASIC's MoneySmart Teaching strategy

ASIC's MoneySmart Teaching strategy is an important element of consumer and financial literacy education for young Australians and is underpinned by three key messages:

  • Being MoneySmart is a core life skill in the twenty-first century
  • Being MoneySmart builds financial health and wellbeing
  • You are never too young to be MoneySmart

The goal is to support young people be financially confident and informed now and into the future.

Policy drivers
Our program

ASIC's MoneySmart website

Teaching resources:

  • Units of work
  • Digital resources
  • Parent support
  • ASIC's Be MoneySmart resource supporting Cert III unit of competency

Professional learning:

  • Workshops 1, 2 & 3
  • Accreditation

Personal learning:

Financial health for teachers

National Partnership Agreement with States and Territories

Investor and consumer trust and confidence


  • Teachers
  • Students
  • Parents

Global action on student consumer and financial literacy

Financial Literacy is globally acknowledged as an important element of financial and economic stability and development. Many countries acknowledge the need to increase their citizens' consumer and financial literacy.

The consensus is that this should begin as early as possible through formal school curriculum. Consumer and financial education is recognised as one of the most efficient and cost effective approaches to facilitate generational change.

OECD actions

The Organisation for Economic Cooperation and Development (OECD) has recognised the need to develop the financial literacy of citizens as an effective tool in promoting financial stability for economies and individuals. The International Network on Financial Education (INFE) was created for this purpose.

Related links

Last updated: 21 Jun 2017