What's your cash IQ?

RACQ has launched its first financial literacy program.

RACQ's commitment to education is stronger than ever, with the education team delivering a number of award winning safety and education programs including Docudrama, Streets Ahead, Streets Above, Kids and Cars, DriverIQ and Turning Pro.

Now with the backing of RACQ Bank, the education team has also launched its first ever financial literacy program, Cash IQ.

The 50-minute presentation teaches year 11 and 12 students to make informed financial choices and looks at how those decisions may affect their long-term goals.

RACQ’s Head of Community and Education David Contarini said educating students in financial capabilities was imperative.

“Being financially literate is so important for students of today,” Mr Contarini said.

“Now that we have the expertise of RACQ Bank we can incorporate sound financial messaging into our programs.

RACQ Bank CEO Michelle Bagnall said education programs such as CashIQ show off the club’s commitment to teachers.

“A lot of people might not know that RACQ actually hires a lot of teachers and those teachers build education programs which RACQ takes into schools,” she said.

“What we are as a bank and our legacy with teachers makes a lot more sense being within RACQ when you consider financial education programs, such as Cash IQ which helps senior school students.”

RACQ Team Leader of Education Rhonda McKenzie said the programs had been taught and well received at schools throughout Queensland, with the Education Team working in schools in South East, Central and North Queensland with plans to expand in to Far North Queensland in 2019.

“Teachers and students both respond well to the programs as they are based in the latest research and are responsive to the ways young people learn,” she said.

“The kids love the programs because they are interactive and engaging.  They consider the choices they have, are challenged to think about their behaviour in situations and how they can utilise the strategies we teach.”

Members can read more about RACQ’s financial literacy and other education programs in the latest edition of the digital Road Ahead.