Would you like to become a financial literacy educator? If so, this course will develop your teaching skills to empower students in their pursuit of a financially secure future.
The Certificate of Education – Financial Literacy is a professional development course that provides you with the knowledge and skills to guide others towards financial freedom and independence.
In this financial literacy course, you’ll explore practical aspects of personal finance, including budgeting, setting financial goals, and understanding banking services. You’ll also learn about investment options, risk assessment, building diversified portfolios, credit management, taxation strategies, and insurance essentials.
You will also discover important economic principles and their relevance to personal finance. Plus, you will explore crucial ethical considerations in financial decision-making to encourage clients or students to develop responsible financial behaviour.
On completion of this course, you will have the tools necessary to teach financial literacy effectively, enabling your clients or students to confidently take control of their financial future.
Course Structure
Unit 1 - Work with clients to identify financial literacy education needs
- Role and limits of a financial literacy educator
- ASIC’s role in helping consumers
- Create a realistic budget for client’s needs
- Limitations
- ASIC regulations
- Planning a financial literacy education program
- Australian privacy principles
- Specialist services according to client priorities
- Establishing when a referral is necessary
- Obtaining client consent
- Money management
- Values and attitudes on money management
- Maslow’s Hierarchy of Needs – five levels
- Developing boundaries of own values and attitudes
- Identify influence on money management
- Effective personal money management
- Internal and external barriers
- Role of money for different client groups
- Money as a store of value
- Client needs in relation to financial literacy education
- Financial literacy for Indigenous clients
- Money management issues for different target groups
Unit 2 - Improve client’s fundamental financial literacy
- Concept of budgeting
- Effective budgeting related to different stages of life
- Setting financial goals
- Identify and address barriers
- Family dynamics and background
- Values and attitudes
- Lack of financial literacy education
- Successful budgeting
- Styles of budgets and plans
- Regular and irregular expenses
- Range of payment options
- Records management
- Importance of record keeping
- Utility accounts
- Bank statements
- Insurance documentation
- Components of a personal budget
- Items of expenditure and project time
- Identify surplus or deficit
- Allocate surplus funds
- Provide budgeting tools
- Strategies and tips
- Assist client in meeting their financial needs
- Emergency relief
- Budget reviews
- Refer to specialist services
Unit 3 - Provide group education on consumer credit and debt
- Terminology of credit and debt
- ASIC regulations
- Terminology of credit and debt
- Specialised services
- Features of loans and credit facilities
- Comparing loans and credit facilities
- Different types of loans and credit facilities
- Differences and implications of secured and unsecured loans
- Effective communication
- Explaining the cost of credit
- Annual percentage rate (APR)
- Records management
- Maintaining paperwork
- Banking industry regulators
- Common types of debt
- Identifying implications
- Assisting client minimise debt
- Providing referrals
- Strategies to avoid debt
- Stop impulsive buying
- Using credit card effectively
- Not taking cash advances from a credit card
- Cutting costs
- Value not price
- Paying off instore finance
- Debt reduction strategies
- Budgeting
- Providing information on complaint processes
- Hardship provisions
- Extending contract lengths
- Reducing amount of repayments
- Postponing dates of repayments
- Extending term of loan
- Deferring payments
Study Hours
Estimated duration 45 hours
Course Delivery and Start
Start anytime, self-paced and 100% online
Assessment
Assessment will be comprised of written exercises, including short-answer questions, reflective tasks, short reports and/or projects. There are no examinations or due dates for assessment. As a result, you can complete training in your own time and at your own pace with the assistance of unlimited tutor support.
Testimonials
About Us
Graduation
A Certificate of Attainment and Statement of Results will be issued upon successful completion of this course.
How to Enrol
Enrol Online: Enrol Now
Enrol via Live Chat (Business Hours)
Enrol via Telephone 1300 76 2221 (Business Hours)
Enrol via Purchase Order/Tax Invoice
Enrolling Multiple Staff?
To enrol multiple staff, please complete the Employer Enrolment Form. We’ll be in touch within 60 minutes during business hours!
Payment Options
Visa, Mastercard, BPAY and EFT/Direct Deposit. Please allow 1-2 Business days for processing for EFT and BPAY.
Course FAQs
Why Choose Australian Online Courses?
- Professional development that is widely recognised and respected;
- Improve your employment opportunities;
- Study online, anywhere via our elearning system;
- High-quality professional development programs written by industry experts;
- All course materials provided online – no textbooks to buy;
- Unlimited tutor support via email;
- We offer twelve (12) months’ access, with extensions available upon application (fees apply);
- Course may be tax deductible; see your tax advisor.
Are there any entry requirements or pre-requisites?
There are no course or subject pre-requisites for entry into our programs. However, our professional development programs are generally intended for people over the age of 18. In some circumstances, enrolments from younger people may be considered. Please complete the AOC Parent Guardian Consent Form prior to enrolling and submit here.
Are there any computer requirements?
To study online with Australian Online Courses you will need a computer (desktop PC/laptop) running a current/updated operating system with reliable high-speed internet access. You will need to use the Google Chrome browser to access your course.
When can I start this course?
You can start within 60 minutes during business hours when you enrol and pay in full with a credit card!
Credit card: Within 60 mins during business hours.
BPAY: Within 1-2 working days.
Internet Banking: Within 1-2 working days.
Cheque/Money Order: Upon receipt of mailed cheque.
How is this course delivered?
This course is delivered online via our easy-to-navigate Learning Management System (LMS), where you will discover interactive online learning/written content, resources and assessment.
Do I need to attend classes or undertake any work placements?
No. All courses are delivered online via our LMS and there are no work placement requirements in this course.
What support can I expect from Australian Online Courses?
Unlimited tutor support is available throughout your studies via email only during business hours Monday to Friday. Our Administrative team are available Monday to Friday via email, live chat and telephone.
I am an international student. Can I enrol into this course?
Yes! We accept enrolments from individuals both within Australia and internationally; location is no barrier to entry into our programs.
Career Pathways
Future growth
Strong
Unemployment
Low
Professional Development for:
- Teachers
- Teacher Assistant – Learning Support
- Bookkeepers
- Accountants
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