Suncorp ESSI Money Family Challenge
ESSI: Earning, Spending, Saving and Investing
Creating a budget, securing an income, managing expenses and being smart with credit and investments – these are the building blocks of a healthy financial future. Now there’s a fun way to develop these skills at school and at home.
Let’s build a nation of money-confident kids
In 2016, Suncorp partnered with Financial Basics Foundation as part of our commitment to supporting young people and their financial literacy. Financial Basics Foundation is a not-for-profit organisation with a vision that all young Australians are financially capable and can manage their finances now and into the future. Together, we want to build a nation of money-confident kids.
1. Access the game
2. Create your family account
3. Start playing
Financial Basics Foundation has developed an online game called ESSI Money (Earning, Spending, Saving & Investing) which is available to all Australian high schools. 91% of students say that playing ESSI Money is a fun way to learn about financial issues and 90% believe that it has helped them gain a deeper understanding about making good financial decisions*
*Suncorp Bank ESSI Money Game Quiz Responses 2016 (Financial Basics Foundation)
We’re excited to offer a version of the game to Suncorp customers –the Suncorp ESSI Money Family Challenge! Suitable for ages 10+, the Suncorp ESSI Money Family Challenge is a fun and interactive way for families to improve their financial knowledge and give kids the skills and confidence to manage their money. Learn more below from our Suncorp Ambassador, Rebecca Sparrow.
Did you know 82% of Aussie millennials have hardly any idea about managing money?
Without basic financial literacy, they’re a generation at risk.
That’s why it’s so important to teach our teens about how to handle money.
But how do you start that conversation?
Fortunately, Suncorp, together with the Financial Basics Foundation, is here to help - with the Suncorp ESSI Money Family Challenge.
It’s a been a great success in Aussie high schools, with 86% of students saying they feel more confident about money after having played it.
As a customer of Suncorp, you can download it, set up a family account, and then enter a virtual world of earning money and managing a budget.
Kids can save, borrow and set simulated money goals.
By playing the game, families can track progress together, learn about credit cards, interest rates, savings and of course, learn from their mistakes too.
Teenage girl - ‘Ooh credit card’s a bit out of control!’
So let’s start talking about money – and build a nation of money-confident kids, with the Suncorp ESSI Money Family Challenge.
Teenage girl - ‘Credit card, sorted.’
Check out our series of fact sheets to accompany the game. Use these to learn about some of the key areas of personal finance.