A collective in Australia have begun an initiative which declares 15th September as Free Money Day.

Aimed to prove that resources aren’t quite as scarce as some suggest, the Post Growth Institute gave out money to people around the world, who then shared half with another. Groups on all six inhabited continents took part, and are expected to next year on 15th September too.

Dr. Donnie Maclurcan, one of Free Money Day’s co-founders spoke about his reasoning behind the initiative. “One of the biggest myths that we believe is that there is not enough to go around,” Dr. Maclurcan said. “It’s inequality in how resources are divided, not a lack of an abundance, that makes resources seem more scarce than they are.”

Each participant is able to give away whatever money they have on their person, regardless of the sum, to a stranger. All recipients are then asked to share the wealth by then giving half to a stranger afterwards.

The website reads: “Our obsession with making more money as individuals is mirrored by our societal addiction to unending economic growth, despite the fact that neither of these, at the end of the day, makes many of us any happier.”

Find out more about Free Money Day in the video below:

To get involved, click here.