AMP releases money guide for kids

17 April 2020
| By Chris Dastoor |
expand image

AMP has released a guide for kids and parents called Good Money Habits for Life, an educational e-book to help teach children about money and finance. 

It was designed to assist parents and grandparents to pass on positive financial lessons and behaviours, by showing key beliefs and attitudes make a difference when managing money. 

There were different tips and strategies for talking to different age groups with the focus on making learning fun, with sections including contemporary money issues such as dealing with debt and money in a cashless society. 

The idea came from AMP employee and mother of two, Resselle Hrelja, who was motivated by the goal of having her children reach their potential.  

"As a parent, I cannot make my children’s dreams come true, they will need to do that on their own,” Hrelja said. 

“But I want to arm them with skills, knowledge, wisdom and enough heart to get them through their life journey.” 

Alex Wade, AMP Australia chief executive, said the company regarded boosting financial literacy as a key strategy in helping Australians reach their financial goals. 

“If we can educate kids and get them practising these good behaviours early it will make a profoundly positive difference to their lives,” Wade said. 

“Including driving stronger engagement with their wealth goals and retirement planning. The earlier this happens the better the long-term outcomes.”  

Read more about:



Recommended for you


Stay up to date with Australia’s top news and information source for the wealth management industry


sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry


Absolutely agree with you on this Les. That's how I see it too. The client facing "new" SOA document might shrink down a...

2 days 16 hours ago
Stephen Eedy

Most advisers are now degree-qualified with many years of actual practical industry experience, and are fully-qualified ...

2 days 16 hours ago
Dominic Widlake

This is all so ridiculous. I have 33 years experience, and have studied hard over the last 4 years to obtain the gov...

2 days 16 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

5 months ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

4 months 3 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

5 months ago