Money Smarts

Money Smarts

Tools and resources that will help you to generate wealth through the vehicle of your business, such as learning skills about how to use accounting software to manage the business money; simply put SMARTS that will develop your financial capacity and capability as a business owner.

Westpac is a strong champion and supporter of the Maganda Makers Business Club. Westpac has the following FREE Money Smarts resources which are highly recommended to our club members.

Money Diary

Understanding where your money goes can help you take control and create opportunities for you and your family. A money diary may be useful to help identify how you’re using your money. Download your money diary today to help you achieve your money dreams and goals.

https://davidsoninstitute.education/community/first-nations-people/money-diary/

My Money Planner

A money plan can help you manage your money today and save for the future. This money planner takes you through a simple step-by-step process to help build a budget that can support you and your family to achieve your money goals.

https://davidsoninstitute.education/community/first-nations-people/my-money-planner/

Managing Money Guide

There are many reasons finances can get off track but it’s important to take steps to get back on track as soon as possible. Our Managing Money guide is a step by step aid to help you get your finances back under control. This guide has some great templates for use.

https://davidsoninstitute.education/community/first-nations-people/managing-money-guide/

My Money Plan Video

By looking at the money coming into your bank account and how you spend that money you can start to build your own money plan, or budget, for the future. This short video explains how.

https://davidsoninstitute.education/community/first-nations-people/my-money-plan/

Becoming Credit Healthy

Being credit healthy is an important part of our financial journey. However, if it’s not managed well, it can have a detrimental effect on our financial position instead of improving it. This guide looks at some of the basics of borrowing and four simple steps that’ll help you become credit healthy and stay on top of your finances.

https://davidsoninstitute.education/personal/healthy-money-habits/becoming-credit-healthy/

Banking Support

Access how-to guides and resources to support you in your banking, including how to access the Indigenous Call Centre Team (Indigenous Connection)

https://www.westpac.com.au/about-westpac/sustainability/initiatives-for-you/indigenous-banking/

Cashflow Resources

Learn to manage the flow of money through your business so you always have enough to pay your expenses, debts and yourself.  Utilise the Cashflow Coaching Kit, set up a Cashflow Statement and more.

https://business.gov.au/finance/cash-flow#atid=c677bbb71ab8350f

First Nations Foundation

FNF’s Indigenous Women’s Financial Wellness (IWFW) strategy has been developed with the vision of long-term financial prosperity for all Indigenous Australian women, and intergenerational wealth transformation across Indigenous families and communities.

https://firstnationsfoundation.org.au/indigenous-womens-financial-wellness/

My Money Dream Program

You can access the MY MONEY DREAM online financial literacy training for FREE for 12 months

This is the link to sign up: https://www.mymoneydream.com.au/

There are 5 core modules you can do:

Rich Blak Women Podcast

Conversations on Rich Blak Women follow stories from Aboriginal and Torres Strait Islander women – rich in culture, value & mindset – that aim to deepen awareness about the unique economic inequities’ First Nations women face, explore success and connection to culture, empower financial wellbeing through shared experiences and learnings, and build community and allies.

www.tomorrowmoney.co/women/rbw/

Rich Blak Women Youtube Videos

Hear from Emily and Dixie from Rich Blak Women talk about all things finances, over on the First Nations Foundation youtube channel.
Check out the full series here: https://www.youtube.com/@firstnationsfoundation6525 or watch the videos below.

Money Apps

Money Apps are a great way to help you get your Money Smarts in order. Here is an article that gives an overview of some Australian Money Apps, available free or for a small charge. One of the best money apps to get yourself started is the one you have for the bank you use!

Money Smart Government Website 

The Money Smart government website provides helpful tools and resources, including details of how you can access the support of a Financial Counsellor (a FREE service). 

https://moneysmart.gov.au/https://moneysmart.gov.au/managing-debt/financial-counselling

Unleashing Kimberley Indigenous women's economic empowerment for self-determination.

A Kimberley Indigenous Women’s led grassroots initiative nurturing, championing and supporting Kimberley Indigenous Women in Business (aspiring, emerging, established and growing)

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Business Club Captain

Natasha Short

Maganda Makers Business Club Captain and Managing Director of Kimberley Jiyigas

Phone // 0409 156 756 

Business Club Manager

Cindy Mitchell

Indigenous Women’s Entrepreneurship Program Director, Good Return 

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