Summary: On this episode, we're talking about savings, earnings and investing. In a nutshell, financial literacy. This is an episode for listeners who think to themselves, 'I'll think about my finances later!' First, we calculate the retirement savings of a fictional 80's soap opera character. Then, Jon Tyler from the UTS Business School joins us to explain why financial literacy is so important for everyone, not just 'boring accountants.' Further Reading: •Not sure where to start budgeting and personal financial planning? ASIC has a great (free) online tool called MoneySmart. •More information can be found on Jon and his work at the UTS Business School website. •Check out Adele Furgeson's AFR article on the changing nature of the financial advice sector in Australia •ASIC has compiled helpful information on payday loans here Music: Tomoko Aran, Taeko Ohnuki, Ethan Sloan, V.V. Campos and Neighbours Theme by Barry Crocker **Information in this episode should not be taken as financial advice. Please consult an independent financial advisor for questions relating to personal finances.
