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	<title>Money magazine Comments - ASIC slams school banking programs as 'persuasive advertising'</title>
	<description>ASIC has slammed school banking programs for being marketing campaigns with no educational benefit. And they could be costing your kids hundreds in interest.</description>
	<link>https://www.moneymag.com.au/feed/latest?story=177091243</link>
	<lastBuildDate>Sat, 19 Dec 2020 10:02:47 +1100</lastBuildDate>
	<pubDate>Sat, 19 Dec 2020 10:02:47 +1100</pubDate>
	<language>en-AU</language>
	<copyright>Copyright 2026 Money magazine</copyright>
	<ttl>5</ttl>
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		<title>Money magazine Comments - ASIC slams school banking programs as 'persuasive advertising'</title>
		<url>https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png</url>
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		<title>Comment by Steph Kachel ()</title>
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<p><p>Fantastic news about CBA being removed from some states schools, just need it to be all.</p>
<p>However, parents cannot teach financial awareness when they don&#39;t have it themselves.</p>
<p>My parents couldn&#39;t teach me much as they didn&#39;t know too much, it was my own miserliness that eventually taught me.</p>
<p>I Spent my 20s &amp; 30s, working, wasting, and travelling Australia and the world and by 32yo had very little to show for my life.</p>
<p>Now at 60yo and having a wonderful husband who gave me free rein, I made a couple of managed fund investments and although we have transferred throughout Queensland due to his job we have paid off a couple of houses and looking forward to a comfortable retirement.</p>
<p>Not only that but I also educated my kids now 25yo and 22yo, both are investing together and separately- the youngest has a portfolio worth almost 100,000 after working and studying for 3 years and the older one has cash and portfolio of approximately 80,000 after working for 2years after studying and travelling the world for 5 years - I am so proud of them. All of this WITHOUT dollarmites.</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Steph Kachel ()</dc:creator>
		<pubDate>Sat, 19 Dec 2020 10:02:47 +1100</pubDate>
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