It was a full house at the national launch of our Better Money Management program in Orange last week, signalling strong demand for financial education among regional women.
The launch featured a free, half-day money management and investment education workshop, which we will replicate in 15 other regional towns and cities across Australia as part of the program over the next two years, with the next one in Young on Saturday 29 August.
Regional women from various walks of life, occupations and ages attended the Orange workshop to hear from 10thousandgirl founder and CEO Zoe Lamont about her inspiration for the program and to learn financial skills and tools.
“Women in regional towns are very active in their local community. They are natural investors when it comes to their families, schools, community groups and local businesses, however we’re finding this investment is not always extending to their own financial education and long term financial security,” said Zoe.
“10thousandgirl wants to strengthen the financial outlook for women across Australia, and living in a regional area shouldn’t be a barrier. Our objective is to create the opportunity for women, no matter where they live, to learn the skills and build the confidence to become better at managing the money they have, so they have the financial acumen to achieve their dreams.”
The workshop generated much discussion and open conversation. Zoe asked participants: “What does financial freedom mean to you?” leading to discussion around the importance of setting goals and planning how to achieve them.
A panel of local finance specialists presented their insights into financial management fundamentals, covering investing, insurance, superannuation, the ‘Golden Rules’ to staying out of debt, and gave participants the opportunity to ask specific questions to further their knowledge.
The local experts were:
- Danielle Ludowyke: Member Education Manager, HESTA, NSW Regional
- Monica Maguire: CERTIFIED FINANCIAL PLANNER®MDM Financial Services, Cowra
- Deirdre May: Senior Associate of Campbell Paton & Taylor Solicitors, Orange
- Dani Millynn: Certified Practising Account, Grenfell & Cowra
- Paul Morrison: Branch Manager, Rabobank Orange
- Joanne Stephens: Financial Planner, Enrich SMSF, Orange
Proving to be more than just an educational forum, the workshop was a buzz of networking opportunities. Discussion and questions were plenty, featuring how to get started as an investor, growing your super, succession planning, and knowing what “good debt” is. Participants benefited not only from the workshop’s itinerary but also from each other, swapping their own experiences and knowledge.
In addition to the 16 regional workshops being rolled out nationally, the Better Money Management program comprises a suite of online financial tools and bi-monthly webinars. It is being funded by an Australian Securities and Investments Commission (ASIC), Financial Literacy Australia grant and national partner, global agribusiness bank, Rabobank. Industry super fund HESTA, the Australian Taxation Office, the Financial Planning Association and the Insurance Council of Australia also support the program.
Workshops to follow the event in Orange, include:
- Young, NSW on Saturday 29 August 2015
- Shepparton, Victoria on Tuesday 8 September 2015
- Geelong, VIC on Tuesday 6 October 2015
- Toowoomba, Queensland in November 2015
- Hobart, Tasmania in February 2015
Want to help us organise a workshop in your town? Let us know! Register your interest, here.
Welcome to episode six of our podcast series!
Right click to download or listen below (approx 38 mins):
Today’s guest is Sarah Lawless, a 26-year old who started a non-profit – The Blue Stockings Inc – to help empower women through education. She is also juggling building a new home with her husband, studying for her Masters and works as a teacher full-time. She shares with us her passion about education, life long learning and community.
What Sarah discusses includes:
Starting a non-profit that empowers women through education.
How learning is an ongoing process.
Building a home.
Lessons learned while applying for finance.
Balancing a busy life – study, work, relationships, volunteering.
Grabbing opportunities as they come up – you don’t know where they will lead you!
10thousandgirl News, Workshops & Events
International Women’s Day Event: Opp Swap! Sunday 4th March 2012, Sydney NSW.
Upcoming Life Planning Workshops and Webinars include:
Free International Women’s Day personal finance and life planning online webinar – 12th March (morning and evening sessions)
(Supported by the National Rural Women’s Coalition)
Free Life Planning Workshop, Scone NSW – 3rd March
(Funded by NSW Dept Primary Industries)
Free Pilot Workshop, Clare SA – 20th March
(Funded by Rabobank)
Free Pilot Workshop, Adelaide SA – 23rd March
(Funded by Rabobank)
Life Planning Workshop, Armidale NSW – 29th April
Remember, if we’re not in your town this year, you can start a GIG (Girl Investment Group) at any time.
Originally from Kyneton Victoria, Sarah (pictured on right with Caitlin Grigsby) moved to the Gippsland region in 2004 where she has become an active community member being extremely passionate about community development, support and education.
Sarah was the Womyn’s Director at Monash University Gippsland Student Union for two years, where she developed her interest in the empowerment and support of women – particularly women accessing education.
Sarah, together with Caitlin Grigsby, discovered various academic barriers facing students experiencing hardship, particularly with women and mothers with limited access to funds and support systems. Together, they co-founded the initial Blue Stockings Inc with the hope to alleviate some of these pressures for women pursuing study.
Currently, Sarah works as a teacher at Baringa Special School in Moe and finds the role both challenging and incredibly rewarding while continuing her role in Blue Stockings.
http://www.barefootinvestor.com/ – investment advice
https://www.moneysmart.gov.au/ – government money advice, budgeting advice, calculators etc