This report presents the findings of a research project investigating the personal finance experiences of young adults from culturally and linguistically diverse (CALD) backgrounds, many of whom had been living in Australia for nine or fewer years or whose parents were still living overseas. Using data collected through in depth biographical interviews, surveys and video elicitation, insights were obtained regarding the barriers they face concerning money management and navigating Australian financial systems, and the strategies they deploy to manage their finances and financial obligations. The findings point to potential interventions that are sensitive to cultural differences.
