There is an alarming number of Australians who are financially illiterate, which is why financial services experts Theresa Mills and Catherine Birchall have joined forces to launch a financial wellbeing program.
Following two years of intensive research and digital development, Money 101’s Financial Wellbeing program will be introduced into Australian workplaces.
Money 101 founding director Catherine Birchall pioneered the development of the financial literacy program and is pleased to welcome industry veteran Theresa Mills as CEO. Theresa is on the Australian Government’s Financial Literacy Board and has 30 years experience in the commercial financial services sector.
“Theresa will lead the introduction of a new Financial Wellbeing program into Australian workplaces. She has significant Financial Services expertise and experience and we are delighted that she will lead the continued expansion of Money 101,” Ms Birchall said.
Ms Mills said Money 101 was an industry leader in the production of engaging digital content and facilitating Financial Wellbeing in the workplace was a logical expansion.
“The 110 contemporary modules which make up our Financial Wellbeing program include engaging best-practice content which we know works,” Ms Mills said.
“We know and understand financial literacy competencies as well as the technical, legal and compliance aspects of financial education provision.”
She also said there was ‘an alarming lack of financial capability nationally’.
“People with money worries and poor financial literacy can benefit hugely from our Financial Wellbeing program.
“Those benefits flow through to employers, with research showing financially fit staff are healthier, happier and more productive. We are already experiencing early demand for the Money 101 solution from large employer groups.
“We know that people want and need to understand much more about money and we are excited to be expanding our reach through our existing and new Partnerships”