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MetLife backs financial literacy program

The MetLife Foundation has made a $US110,00 ($169,685) contribution to the Financial Basics Community Foundation’s education program for disadvantaged young Australians.  

The Financial Literacy Life Skills Resources Project provides educational material to people with low literacy and numeracy skills.  

MetLife Australia CEO Richard Nunn says the program’s goals align with the life insurer’s mission to create improved financial outcomes and equitable financial opportunities.  

“Our purpose as an organisation is to build a more confident future for young people, and this grant will help some of our most vulnerable young people,” he said.  

“Financial literacy is a critical life skill, and this project can help support building a confident future and uplift young Australians’ financial wellbeing.”  

Katrina Samios, CEO of the Financial Basics Foundation that runs the community program, says MetLife’s contribution will help as it begins pilot schemes.  

“Without the tools and confidence to make informed financial decisions, these young Australians are more vulnerable to hardship and exclusion,” she said.

“This grant from MetLife Foundation allows us to bridge that gap by developing practical, inclusive resources that meet these young people where they are, giving them the knowledge and confidence to build a secure and independent future.”