Being able to manage a budget successfully takes practice. Money management is such a valuable skill that is used throughout almost all aspects of life.
Practical Skills Development
Afford’s SLES (School Leaver Employment Support) program incorporates practical budgeting sessions. The sessions are designed to help school leavers understand the value of money and learn about spending habits. The experience that trainees get from these budgeting sessions helps them maximise the money they earn when they start work.
Learn the Theory to Apply in Everyday Life
Over two days, the Ingleburn trainees, Clayton, Nick, Kerem, and Stella, had hands-on experience in budgeting. They went through the process of creating a plan to spend their money. They looked at various budgeting tips to help them get the most out of their disposable income.
On the first day, trainees went to Ingleburn Village and purchased items needed to prepare their lunch box for work. They were given a budget of $25 to buy items and groceries from Woolworths to make lunch for five days. They prepared a shopping list of their favourite things. They also worked together as a group to walk around the store to compare prices to see if they could buy the items more cheaply.
Work Smarter, Not Harder
Every year, workers across Australia spend thousands of dollars each year buying their lunch each day. The trip to Ingleburn Plaza showed trainees that you don’t need to spend a fortune to make a healthy and filling lunch box for work. You can save big if you plan ahead!
On the second day, trainees prepared their work lunch box from the items they bought on the first day. Many were amazed about how much food they were able to buy with such a small budget!
Budgeting is an important skill for trainees to learn. This skill will help them in the workplace and throughout life.
Get Support When You Need It
SLES trainers are always on hand to guide trainees and to provide engaging learning experiences. The SLES program gives trainees the chance to develop their skills, so they feel prepared and confident to enter the workforce.
Find out more about Afford’s SLES Program and how you can enhance your work-life skills.