ATO says: Make the most of MoneySmart Week

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The ATO is getting involved in Australia’s first ever national, not-for-profit, financial literacy awareness week – MoneySmart Week – running from 2-8 September 2012.

MoneySmart Week is an Australian Government Financial Literacy Board initiative led by Paul Clitheroe AM and supported by more than 100 organisations from the business, community and government sectors.

“The aim is to encourage all Australians, including young people, to take a closer look at their everyday money management,” said Tax Commissioner Michael D’Ascenzo.

“When it comes to money, knowing what support and services are available, including through the ATO, can make all the difference.”

Understanding money can help young people and their friends and families make sound financial decisions, manage financial stress, work towards meeting their goals and secure their financial wellbeing.

As part of the week, the ATO is encouraging its employees to do the MoneySmart money health check which will provide simple steps, tips and an action plan to improve personal finances. We are also promoting the week and our leveraged tax and super messages to young people through twitter.

“The reality is money plays a major role in our lives – it can affect our quality of life, sense of security and impact what opportunities we choose to pursue, said Mr D’Ascenzo.

“So think about making the most out of MoneySmart Week and your tax and super – a few simple steps could make a big difference to your finances.”