The survey was conducted by Findex Group Limited ABN 40 128 588 714 and Findex Community Fund ABN 16 285 893 026 (Findex) between 4 and 25 March 2021, with 274 respondents aged 15-25 years. All statistics and data contained in this report and on this website are extracted from these survey results, or otherwise referenced. While all reasonable care is taken in the preparation of the material, to the extent allowed by legislation Findex accept no liability whatsoever for reliance on it. All opinions, conclusions, forecasts or recommendations are reasonably held at the time of compilation but are subject to change without notice. Findex assumes no obligation to update this material after it has been issued. You should seek professional advice before acting on any material.
Trailer
Findex Community Fund is proud to present 'Young Money'.
This podcast will cover day-to-day financial skills for young Australians, including:
- Basic financial literacy
- Buy-now pay-later,
- Starting casual work,
- Taxes,
- Superannuation,
- Budgeting,
- Personal debt,
- Uni loans,
- Insurance,
- And more.
Listen and subscribe now on your favourite streaming platform.
To create equal access to opportunity for people isolated by location or circumstance through programs that are regionally relevant, nationally impactful and globally scalable.
Our vision
Our reach
With more than 110 Findex offices widely dispersed across Australia and New Zealand, the FCF has been created through our genuine desire to give back to the communities that are the lifeblood of our business.
Raise awareness of the Young Money Podcast, and help empower your students to get financially savvy. This suite of resources have been made available for use within your schools or offices and to share across your networks.
There are many theories as to what drives financial literacy, including socioeconomic backgrounds and cultural or geographic considerations. It’s also widely understood that our younger years are formative for establishing financial behaviours and habits that can build the foundations of our financial capabilities as adults.
Sound financial decision-making is strongly linked with improved financial wellbeing and greater participation in economic life, affecting quality of life, the opportunities people can pursue, their sense of security, and the overall economic health of society.
Gen Z is more interested in buying products that will give them the best value based on their price.
Findex conducted a 2021 Financial Literacy Study, surveying more than 270 young people (aged 15-25) to identify any common themes that potentially indicate lower levels of financial understanding across the nominated cohort.
There are many theories as to what drives financial literacy, including socioeconomic backgrounds and cultural or geographic considerations. It’s also widely understood that our younger years are formative for establishing financial behaviours and habits that can build the foundations of our financial capabilities as adults.
YOUNG MONEY: HOW IS GEN Z SPENDING AND SAVING?
An assessment of financial literacy levels across young Australians
The Findex Community Fund (AU) ABN 16 285 893 026 is registered as a charity with the Australian Charities and Not-for-profits Commission (ACNC) and is endorsed as a Deductible Gift Recipient (as a Public Ancillary Fund). The Findex Community Fund (NEW ZEALAND) Trust is registered with Charities Services under the Charities Act 2005 (Registration number CC55150).All donations are tax deductible.
We have created two printable pieces of collateral to be used within your school and at student events. The large poster would work well in libraries, on noticeboards or in high-traffic areas.
The flyer can be printed and handed out directly to students or through school groups.
Printable posters & flyers
Social media & e-newsletter images
You can use these images and accompanying text to share the Young Money podcast directly across your social channels and in your newsletters.
You can also visit the Findex Community Fund LinkedIn page and share their posts directly. Be sure to check back weekly for posts promoting our newest episodes!
To create equal access to opportunity for people isolated by location or circumstance through programs that are regionally relevant, nationally impactful and globally scalable.
Our vision
Our reach
With more than 110 Findex offices widely dispersed across New Zealand and Australia, the FCF has been created through our genuine desire to give back to the communities that are the lifeblood of our business.
To create equal access to opportunity for people isolated by location or circumstance through programs that are regionally relevant, nationally impactful and globally scalable.
Our vision
Our reach
With more than 110 Findex offices widely dispersed across Australia and New Zealand, the FCF has been created through our genuine desire to give back to the communities that are the lifeblood of our business.
There are many theories as to what drives financial literacy, including socioeconomic backgrounds and cultural or geographic considerations. It’s also widely understood that our younger years are formative for establishing financial behaviours and habits that can build the foundations of our financial capabilities as adults.
Sound financial decision-making is strongly linked with improved financial wellbeing and greater participation in economic life, affecting quality of life, the opportunities people can pursue, their sense of security, and the overall economic health of society.
Gen Z is more interested in buying products that will give them the best value based on their price.
Findex conducted a 2021 Financial Literacy Study, surveying more than 270 young people (aged 15-25) to identify any common themes that potentially indicate lower levels of financial understanding across the nominated cohort.
There are many theories as to what drives financial literacy, including socioeconomic backgrounds and cultural or geographic considerations. It’s also widely understood that our younger years are formative for establishing financial behaviours and habits that can build the foundations of our financial capabilities as adults.
YOUNG MONEY: HOW IS GEN Z SPENDING AND SAVING?
An assessment of financial literacy levels across young Australians
CATCH THE LATEST EPISODES OF YOUNG MONEY
