How teachers can use MoneySmart

MoneySmart is for you in and out of the classroom

6 WAYS TEACHERS CAN USE MONEYSMART

The MoneySmart website contains a wealth of information, tools and resources to help all Australians build better financial futures.  

This page collates all relevant information for primary, secondary and VET teachers to help you:

  • understand the value of consumer and financial literacy education
  • get the most out of the MoneySmart Teaching program
  • identify key resources to teach young people about money

1. Teaching financial literacy

Consumer and financial literacy education is important as young people are interacting with money and making consumer choices. Knowing how to effectively handle and manage money is a core life skill, particularly as money has become 'invisible' and digitised.

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 Organisation. 

ASIC's comprehensive MoneySmart Teaching strategy is informed by national and international research and policy documents. The goal is to support young people to become confident and informed, financially literate consumers and problem solvers, both now and into the future.

Key messages

  • Being MoneySmart is a core life skill in the twenty-first century.
  • Being MoneySmart builds financial health and well-being.
  • You're never too young to be MoneySmart.

Add financial literacy to your toolkit

View the video to see why consumer and financial literacy are an important thing to consider when it comes to teaching.

Video: Why add financial literacy to your teacher toolkit? (2:41 mins)

Video about financial literacy and teaching

Why is consumer and financial literacy important when it comes to teaching?

Implementation guide

Download our implementation guide (Word version) which assists teachers and schools to incorporate consumer and financial literacy within their classroom and school community.

2. Classroom resources

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We have over 100 quality financial literacy education resources that are aligned to the Australian curriculum, ranging from Foundation 2 to VET level students.

Using money and finances as an engaging context for learning, teachers provide their students with authentic learning experiences across all subject areas.

The table below shows you how you can filter our resources and tailor the results to suit your needs:

Year level(s) & audience Learning area(s) Topics
  • F2
  • 3-4
  • 5-6
  • 7-8
  • 9-10
  • 11-12
  • VET
  • Young adults
  • Indigenous
  • Parents
  • English
  • Maths
  • Science
  • The Arts
  • Design and Technologies
  • Digital technologies
  • Health and Physical Education
  • Work studies
  • Humanities and social sciences
  • Georgraphic
  • Economics & business
  • Asia region
  • Budgeting 
  • Enterprise
  • Mobile phones
  • Shopping
  • Sustainability

Types of resources

Our resources are availble in the following formats:

  • Units of work - approx. 10 hours of teaching and learning activities that can be adapted to suit the varying needs of students and the timetabling within your school. 
  • Digiactivities and digibooks - used in conjunction with a unit of work or as a stand alone resource. 
  • Resource collections - online resources covering a variety of topics.

Filter over 100 teaching resources to suit your cohort.

Teaching resources

Resources by audience

As well as filtering teaching resources by topic and audience, some additional information are highlighted below.

Parents For community settlement workers

ASIC's MoneySmart Teaching recognises that parents and carers have highly relevant skills and experiences to share in the area of consumer and financial literacy. Below are some useful links to additional content:

  • The MoneySmart  website has valuable information for parents on teaching children about managing money.
  • series of five videos is available featuring David Koch and his wife Libby sharing information and suggestions for teaching children about managing their money. Parent notes are also provided.
  • Our Money management kit includes audio content and photo stories (videos) in 16 different languages including English. The kit was developed for community settlement workers who work with new arrivals. It can also be used by teachers and welfare and healthcare professionals who provide general financial literacy education, or teach English as a second language.
  • MoneySmart also has helpful information about managing your money in 26 languages

3. Other tools & resources

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As well as dedicated teaching resources, there are many more tools and resources that could be tailored to support your teaching of consumer and financial literacy in the classroom. 

Financial calculators & tools Life events & you
Teachers can also access a range of financial tools & resources which could be adapted for use in the classroom, including:
  • Calculators & apps
    • Budget planner
    • Compound interest calculator
    • Credit card calculator
    • Savings goal calculator
    • Income tax calculator
    • Superannuation calculator
    • GST calculator
    • TrackMySpend app
  • Publications
  • Financial infographics
  • eNewsletter subscription.
  • Videos

Great resources for inside and outside the classroom.

Calculators & resources

Everyone's situation is different and the MoneySmart website has useful information and tips to deal with life's challenges, including:
  • Buying a home
  • Divorce or separation
  • Getting a pet
  • Getting a tax refund, bonus or inheritance
  • Getting married
  • Having a baby

We also have information tailored for special groups of people:

  • Educators
  • Families
  • Indigenous people
  • People who speak other languages
  • Under 25s 
  • Over 55s

Find information that suits your situation.

Life events and you

 

4. Professional development 

ASIC's  MoneySmart professional development programs are free and aligned to the  Australian Professional Standards for Teachers, available online or via download to be deliverd by face-to-face workshops in your school.

PD online courses include

  • Teach MoneySmart: Be MoneySmart
  • Connect MoneySmart: Use MoneySmart
  • Financial Literacy 101A & 101B
  • Teaching Maths through financial literacy (Primary)
  • Using Knowing Growing Showing
  • Delivering ASIC's Be MoneySmart

PD downloadable workshops 

  • Introduction to consumer and financial literacy education for teachers
  • Exploring consumer and financial literacy education in your classroom
  • Sharing your experiences of teaching consumer and financial literacy
  • Teaching kids about money (parent and carer workshop)

Get started on your professional development.

Professional development courses

5. MoneySmart Teaching in action

ASIC's MoneySmart Schools program recognises and supports Australian schools that help their students develop good money habits. The program also promotes the importance of consumer and financial literacy to families and their local community.

The MoneySmart Teaching program has been integrated into a number of schools across Australia.

Take a look at some of the ways MoneySmart Teaching is being used in schools.

Video: Why use ASIC's MoneySmart Teaching? (1:56 mins)

Video about ASIC's MoneySmart Teaching program

Wingham High School staff discuss the benefits of the MoneySmart Teaching Program and why it was important to implement in their school. 

Hear from some schools who have successfully integrated financial literacy into their school curriculum.

MoneySmart schools in action

6. Financial health for teachers

Financial Health for Teachers is a personal learning program developed in partnership with Scott Pape, the 'Barefoot Investor' designed to:

  • inspire and empower teachers
  • help teachers feel confident with money
  • provide practical strategies for dealing iwth financial issues in Scott's '60, 60, 6 challenges'.

Teachers share their financial stories via video designed to help you feel confident and in control of your money.

Try some of Scott Pape's Money Challenges to help you take charge of your finances:

  • Buying your first home
  • Starting to invest
  • Dealing with credit card debt
  • Preparing for retirement

Video: Scott Pape's pay off your mortgage faster challenge (1:47 mins)

Video about buying your first home .

Take Scott Pape's money challenge that can help you pay off mortgage faster and own your home.

View the financial health for teachers video series.

Financial health for teachers

Related links


Last updated: 20 Nov 2018