A large part of the Year 9 Commerce course is aimed at helping you understand basic financial information and to develop wise money management skills. This is called financial literacy – the ability to understand finance. More specifically it refers to the set of skills and knowledge that allows an individual to make informed and effective decisions through their understanding of finances.
There are some really great Australian websites that provide useful financial literacy resources for young people. Why not take some time to explore these sites.
Dollars and Sense website from Commonwealth Bank
Consumer Stuff website from Consumer Affairs Victoria
Money Smart website from Australian Securities and Investments Commission
Teaching Financial Literacy website from Australian Securities and Investments Commission