My Moola was developed in 2007 through a partnership between First Nations Foundation and ANZ under a shared commitment to improving the financial inclusion of Indigenous Australians. It was piloted in the Goulbourn Valley region of Victoria with a valuable contribution from the Indigenous community.

The My Moola program in Shepparton is strengthened by the foundations of the Indigenous community in Shepparton who are working towards a vision of ‘wellbeing’. Wellbeing that encompasses "a sense of control of one’s life; the ability to manage threats (such as boredom, drugs and alcohol); a sense of connectedness to community and place; a relationship with the mainstream or broader, non-Indigenous community; and a sense of pride in the history of the Indigenous culture." (See Rumbalara Football and Netball Club Inc.)

Delivered through the Rumbarala Football and Netball Club, the My Moola team includes Julie Ferguson (an original on the My Moola journey), Joyce Doyle and Belinda Briggs (Program Coordinator).

The David Wirrpanda Foundation delivers the My Moola program within their Dare to Dream girls program and P242 program in Western Australia. 

Following the success of My Moola in Shepparton, the First Nations Foundation and its project partners Rio Tinto Aboriginal Fund (RTAF), Department of Families, Housing, Community Services and Indigenous Affairs (FAHCSIA) and Department of Education, Employment and Workplace Relations (DEEWR) are interested in exploring how the financial literacy program with its unique focus on personal development could be adapted to other Indigenous communities around Australia. Recognising the diversity of Indigenous communities in Australia, and varying levels of financial exclusion, the adaptation of the program will require community consultation, collaboration and partnership.