What do I need to know to be able to help a family with their money?
You need to know enough to be able to discuss the family’s financial situation, identify strategies to deal with common issues, and to refer the family appropriately if their situation is too complex for you to be able to assist.
This includes:
- Understanding how to draw up a budget with a family
http://www.carefcs.org/tools/ - A basic understanding of Centrelink entitlements
www.centrelink.gov.au - Knowledge of strategies to help families manage debt, credit and ‘spending leaks’
Assessment and Action - Knowledge of local financial counselling and consumer advice services.
www.afccra.org/counselling.htm
