Scott Pape — aka the Barefoot Investor — is one step closer on his mission to help Aussie kids learn practical money skills, with the New South Wales government confirming it will roll out a new financial literacy challenge across schools from next month.
The NSW government has confirmed plans to work with the Australian Securities & Investment Commission to develop the challenge using their MoneySmart teaching and learning resources.
A pilot program – the first of its kind in the country – is slated to run in NSW schools from next term.
The news comes after years of lobbying by the finance guru, who has created a nation-wide campaign to teach Australian children essential money skills. His mission has been documented in the upcoming FOXTEL series Scott Pape’s Money Movement.
Scott is now urging the other state governments to follow NSW’s lead and make the program national.
“I’m super proud that NSW have already committed to launching their own program to tackle this problem,” he said.
“I’m really excited and hope that they (and the other states) incorporate the principles that my Money Movement pilot program has learnt along the way.”
Scott Pape’s Money Movement is a three-part observational documentary that follows behind the scenes as Scott develops his “Money Movement” education program and trials it in pilot schools across the country.
Along the way, Scott tackles the big banks’ existing school money programs, and calls on politicians in his ultimate goal of having financial literacy added to Australia’s school curriculum.