Financial Basics Community Foundation 

The Financial Basics Community Foundation (FBCF) was launched by Financial Basics Foundation (FBF) in 2009 with a specific focus on developing programs which support disadvantaged young people to increase their financial capability and financial wellbeing.

To achieve this, FBCF partnered with QCoal Foundation (QCF) to develop an innovative new program: Ca$hEd Up - Developing Financial Skills for Life

In 2017, FBCF and QCF visited schools in Collinsville, Proserpine and Bowen in Queensland to investigate opportunities for developing new resources to improve the financial capability and resilience of young Queenslanders, with a particular focus on those living in rural and regional communities. 

Based on feedback gathered during those visits, FBCF and QCF joined forces to develop an exciting program that explores financial capability and wellbeing as a life skill rather than a component of a specific subject area (as referred to in the Australian curriculum). 

Ca$hEd Up - Developing Financial Skills for Life consists of 4 Modules (aligned to years 7 – 10), with each module consisting of five-lessons. The course is completely flexible, allowing each module to be delivered with any year level.

Ca$hEd Up materials are designed to be implemented by secondary teachers in life skills’ lessons, addressing critical financial life skills (as identified in CFLCC and NCFLF documentation), appropriate to their year level. The program allows teachers to ‘pick up and go’ with the lessons, or adjust to suit the local context as required.

Traditionally, resources which address financial literacy have been designed for use in Mathematics and Economics and Business subjects. The Ca$hEd Up resource can be used by secondary teachers, irrespective of their teaching area. This means that all secondary school students can have access to this important program. 

As part of a pilot program conducted in 2018 in regional Queensland, 96 students across seven schools completed module 1 (year 7). The results showed a positive shift for students in the areas of confidence and knowledge of the concepts covered. 

After taking part in the Ca$hEd Up course:

  • 68% of students felt more informed and confident when making their own financial decisions.
  • 92% of students indicated that they had conversations or sought advice about money after completing the course.
  • 92% of students wanted to know more about financial topics. The topics that students were most interested in included moving out of home (38%), scams (32%) and buying a car (29%).
  • 23% of students surveyed would like more personal finance education at school.

Additionally, teachers appreciated the ‘hands on’ nature of the lesson materials and rated them an average rating of 4.2 (with 5 being excellent). Promisingly, 100% of teachers would run the course again and recommend it to colleagues. 

In February 2019, an expanded trial of Ca$hEd Up incorporating all 4 modules commenced. Further results and information will be shared as students complete the course. 

Following a successful trial of the Ca$hEd Up program with our Founding Donor QCoal Foundation, we have elected to pursue an alternative funding model post 31 March 2020.

We are extremely  grateful for the support QCoal Foundation has provided us to date, including their external advocacy for our program.

Thank you to QCoal Foundation for your generosity and support of the Financial Basics Community Foundation and the Ca$hEd Up - Developing Financial Skills for Life program.  

To read more about Financial Basics Community Foundation you can download the 2018-19 Annual Report here or request a copy via email:

To read more about QCoal Foundation’s initiatives to build resilient regional and remote communities, visit here

Watch this video to hear more about Ca$hEd Up. 



The Financial Basics Community Foundation is a tax deductible charity registered with the Australian Charities and Not-for-profits Commission (

For information about how to make a donation, please contact us directly on (03) 9610 4919 or email: