While the impacts of the pandemic have been far-reaching, studies have shown women have been disproportionately affected financially.
Traditionally, women make up a higher proportion of casual workers and are more likely to stay at home for childcare or home-schooling, leaving them in a vulnerable position. To address these concerns, as well as encourage financial independence in women of all ages, Council has joined a partnership to launch the My Money program.
The five-week online program is free and begins on Wednesday 29 September, which features weekly sessions that focus on different fundamental skills. The program is a first for the partnership, which includes Maroondah, Knox and Yarra Ranges councils; as well as the Eastern Community Legal Centre (ECLC), Outer East Primary Care Partnership and Women’s Health East.
The ECLC will host the sessions.
Maroondah Mayor, Councillor Kylie Spears, said this is an opportunity for women to access and learn from local financial counsellors.
“We all want to feel confident when it comes to our money. But the fact is women do face significant barriers, including low or now income, the casualised nature of their work; or even relationship breakdowns or controlling relationships,” Cr Spears said.
“Through these sessions, women can increase their knowledge and financial capability. This can play a powerful role in helping women to thrive and to avoid common financial traps.
“This is a safe, friendly environment for women. The women can learn from professionals who are local to the Eastern region and there will be plenty of chances to ask questions.”
The events also lead in to the 16 Days of Activism campaign against gender-based violence. This event provides an opportunity for the community to band together to reject all forms of family violence, including the impacts of financial abuse.