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A program that helps brokers support their clients by providing financial literacy has been launched by money coaching service provider The Tiny Foxes.
A new financial wellness program for brokers has been launched to support their client base’s financial literacy, particularly in minority groups.
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Under the initiative, brokers can access The Financial Health Check program, which includes monthly modules, delivered by a one-hour live webinar, which aims to upskill participants in financial literacy and planning. Topics covered include financial goal setting, debt management, investment, insurance, estate planning, cash flow management, and refinance versus redraw, among others.
Hosts for the live webinars include Emma Edwards, author of Good with Money and podcaster of The Broke Generation; finance broker Cara Julian of Brava Finance; and negotiator Sam Trattles, author of Other Side of the Table.
Brokers are able to commit to between two to 12 live webinars annually, including a suite of co-branded assets and promotions, as well as post-event templates and calculators.
Speaking of the offering, Trish Moore, the co-founder of The Tiny Foxes said “partnering with The Tiny Foxes demonstrates a tangible value-add to clients that promotes goodwill and helps foster retention through an aligned value-add, in-person program, delivered by subject matter and qualified financial services experts”.
She said the company aimed to make financial education accessible to everyday Australians through the provision of “practical, easy-to-use tools and strategies that help identify and rectify the small habits that collectively have a substantial impact on eroding financial peace and stability”.
Renee Hawes, co-founder of The Tiny Foxes, said: “People generally know they need to do more with their money, but it is also difficult to prioritise time and find the motivation to get started. Scheduled webinars overcome this block, are typically preferred, and have higher engagement and satisfaction compared to self-paced learning.”
Tiny Foxes will donate a ‘brick’ in the broker-initiated Safe Haven Community ‘Buy a Brick’ initiative, whereby each contribution goes towards securing a site, building the complex, and funding operating costs and support services to help move women at risk into more stable, longer-term accommodation.
[Related: Home ownership is the largest factor underpinning financial wellness]
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