Every time you use or experience something new, it usually comes with a set of instructions that you can follow, or a guide to show you what to do. When you first come into contact with money, however, this not necessarily the case. Think back to your very first pay cheque, whether it be an after school job, babysitting money or pocket money for things done around the house. Did it come with instructions – what to spend, what to put aside for a rainy day, what to attribute to bills and other responsibilities? With our incomes, we’re left to figure it out on our own.
No one is born with money management skills, we have to learn them, and develop good money habits. Over time, we gain more money and gain more assets around us, but this also comes with payment obligations and, more often than not, debt. Then, not only do we have to think about ways to improve our financial positions and minimise our liabilities, we also need to protect what we have managed to build so far.
AmCham’s Women in Leadership group, Chartered Accountants ANZ and Australian Institute of Company Directors are joining forces to deliver a Financial Tool Box series.
The aim of the workshops is to equip women with greater financial power through knowledge. According to WA State Government data, WA women have barely more than half the savings of men, 60% of WA women retire with zero superannuation, women earn 25 per cent less than men and many WA women still lack financial confidence and skills to invest.
The Financial Toolbox series will include six dynamic and interactive workshops, independently facilitated by some of Perth’s leading financial experts to give you the tools you need to set yourself up financially and protect yourself into the future.
Part One – Build Yourself Up
The first part of this two-part series focuses on how to build yourself up. By this, we mean how to get ahead of your own finances, take control of your spending and saving, and how to recognise and avoid common pitfalls. We will equip you with the financial knowledge and skills you need to become financially independent and in control. Our three workshop sessions will focus on a different aspect of your finances.
Part Two – Protect Yourself
The second part of this two-part series focuses on how you can protect yourself from unexpected issues you may face in your life. Unexpected circumstances can have a big impact on your finances. However, there are ways that you can protect yourself from a number of life situations, and in this set of three workshops, we will equip you with the knowledge and skills that you can choose to use in order to minimise personal risk and maximise your options should something untoward occur.
Each of our workshop sessions will commence with a presentation from a keynote expert, then will be followed by a discussion session that will see a number of skilled specialists assisting participants by giving focused pointers and answering specific questions to smaller tables of attendees, moving around the room at regular intervals.
Don’t miss this unique opportunity!
Budgeting & Forecasting – Registrations Closed
Superannuation and Investment Choices- 13 March 2017
Personal Taxes – 15 May 2017
Part 2: Protect Yourself