Financial literacy continues to be delivered to the people of Papua New Guinea (PNG) with the aim to empower people with the financial knowledge capacity to handle their money better, and financial institutions are very much in the forefront of this in partnership to deliver it.
Just recently, one such financial institution is ANZ where it went into partnership with Santos to help more Papua New Guineans improve their money skills, knowledge and confidence, through its MoneyMinded training program.
ANZ PNG Country Head, Lachlan Halstead, said: “We are pleased to deliver MoneyMinded training, ANZ’s flagship adult financial education program, to Santos staff across their Port Moresby office and Field Operations, helping them make the most of their money throughout their working lives.”
Around 10,000 people in PNG have already taken part in MoneyMinded training since 2010, which teaches skills including setting financial goals, budgeting, saving and investing.
Santos Bank Accountant, Robyne Joshua, said: “With this training, I now have better control over my finances, which will help me remain disciplined, and continue to advocate financial literacy for my colleagues, family, and friends.”
“One key takeaway from MoneyMinded is the importance of being assertive, specifically in the ability to say ‘no’ and clearly explain the reasons behind it. Taking those small steps to achieve my financial goals is a big win for me.”
Santos Graduate Petroleum Engineer, Steven Pikip, said the MoneyMinded training gave him new budgeting techniques and savings strategies.
“The vision board way to remind myself of my financial goals, and this visual reminder will help me stay focused on saving and making smarter financial decisions,” Mr Pikip said.
ANZ’s flagship financial education program, MoneyMinded, aligns with Santos’ Healthier Me staff wellbeing initiative.