THE Salvation Army will launch its ‘You’re the Boss’ program this month, designed to help improve financial literacy within the community.
You’re the Boss is an award-winning financial capability program developed by The Salvation Army to empower and equip people to be the boss of their own finances.
The program stresses the importance of addressing people’s own money situations, as it can help them to lead a more fulfilling life.
It runs under The Salvation Army’s Moneycare program, one of the largest financial counselling services in Australia.
Member for Denison Andrew Wilkie said the program was something that could benefit many Tasmanians.
“For many people, it only takes one event – like the loss of a job – for them to be in a situation where they are financially vulnerable,” he said.
“A program like You’re the Boss will help teach us all the importance of managing our money properly.”
Salvation Army Moneycare facilitator Terry Howard said the program would provide financial literacy as a form of early intervention.
“By engaging with the program, people can be prepared to deal with any financial crises,” he said.
The program will run primarily out of Glenorchy LINC and will host workshops specific to financial literacy needs.
These can include workshops on topics such as creating good money habits, sorting financial paperwork, shopping smart and paying bills on time.
Workshops will be run by Mr Howard, who has an extensive background in finance and accounting.
You’re the Boss has been run previously around Australia and has shown continued success.
A formal evaluation revealed that 87.5 per cent of respondents said they had applied what they’d learned to their own financial situation, and long-term results included changed money behaviours and increased savings.
The program provides participants with a take-home workshop booklet, which underlies the most important financial literacy information.
There is a You’re the Boss app, which provides similar information, available to anybody on both the Apple Store and Google Play.
For further information or to get involved in the program, please contact The Salvation Army’s Moonah Doorways Centre on 6228 6274.
Caption: Independent Member for Denison Andrew Wilkie, left, and The Salvation Army Moneycare facilitator Terry Howard.