ANZ builds financial skills

Business, Normal

The National, Tuesday 21st August, 2012

AUSTRALIA and New Zealand Banking Group Ltd (ANZ) PNG last Wednesday conducted financial literacy training as part of its Money­Minded Pacific programme for members of the Esso Highlands Ltd Women’s Energy Network and students of the Badihagwa Secondary School in Port Moresby.  
MoneyMinded Pacific is ANZ’s flagship financial literacy programme aimed at helping people build their financial skills, knowledge and confidence and improve their savings behaviour. 
ANZ PNG chief executive Mark Baker said: “While we are all confronted with financial stresses and issues, the ability to effectively deal with problems and knowing where to go for help makes the difference between coping well and suffering detrimental consequences. 
“Since we launched MoneyMinded Pacific in Papua New Guinea in 2010, over 900 people have attended the programme and we’re proud to be making a long-term difference to the financial wellbeing of the community.” 
Participants in a one-hour training session discussed topics such as planning for the future, the implications of not having a plan, setting smart goals, creating a vision board and setting career goals, uses of money, identifying needs and wants, and overview of a budget.