Why do Money Management and Moneywise?

To take advantage of increased choice, today's consumers require greater levels of financial capability than those of three decades ago due to the fast changing technology and commercial world.


Money Management is learning directed towards building financial capability.  The outcome of Money Management should be a financially literate person.


So where does Money Management and Moneywise lead?

It leads to the personal ability to make informed judgments and to take effective decisions regarding the use and management of money.  A functional financial literacy description is a basic level of knowledge and skill required for an individual to effectively manage personal finances.  Money Management is fundamental to becoming financially literate.