‘Let’s Talk Money’ is a financial literacy program that aims to support the economic empowerment of immigrant and refugee women living in the northern metropolitan region of Victoria.
A unique financial literacy program that uses a bilingual, peer educator approach, ‘Let’s Talk Money’ recruits, employs and skills up women from diverse cultural backgrounds, to deliver practical, tailored financial literacy and money-management workshops to women in their own language and communities, covering:
- financial goal-setting
- budgeting and saving
- loans and debt
- tenancy and contracts
- tax and super
The project aims to:
- Improve the financial literacy and capability of women from immigrant and refugee backgrounds
- Increase women’s inclusion and participation in civic life with sound financial knowledge
- Break linguistic, cultural and structural barriers to accessing financial knowledge
- Promote leadership skills in women from immigrant and refugee backgrounds.
Why this Project?
Newly-arrived refugee and immigrant women face particular barriers to economic participation and security due to:
- A lack of financial information in their first language and difficulties accessing interpreter services
- Cultural attitudes to money make accessing and dealing with financial institutions and government income-support agencies difficult
- Jargon and language used by financial institutions
- Lack of tailored financial information
- Social isolation.
Women aged 20 – 60 years, with low English and financial literacy proficiency
Cultural groups: Indian, Assyrian, Iraqi, Iranian, Sri Lankan, Syrian, Pakistani, Lebanese and Afghani
Language groups: Includes Hindi, Urdu, Arabic, Syrian, Assyrian, Punjabi and Persian
Delivery sites: 2017 to 2018 – Cities of Hume and Whittlesea
Project Achievements to Date
12 bilingual trainers 14 languages spoken 200+ women reached
15 community workshops delivered 2 financial counselling scholarships for bilingual trainers
For more information about the ‘Let’s Talk Money’ project and women’s economic equality see our ‘Let’s Talk Money’ brochure.
‘Let’s Talk Money’ is funded by the Multicultural Affairs and Social Cohesion Division, Department of Premier and Cabinet Victoria. An independent evaluation of the project has been funded by Financial Literacy Australia.