Both major political parties have promised to introduce financial literacy to New Zealand’s curriculum. But is school really the best place to teach students about money?

TL:DR Studies on financial education show it helps increase savings rates, but has virtually zero impact on whether someone will default on loans. The article suggests that financial discussions at home are important.

Really though, the article is raising discussion points and doesn’t really suggest what actions we should take (that I noticed, anyway).

  • BalpeenHammer@lemmy.nz
    1·
    1 year ago

    We need to start with this place and other places online. It’s astonishing how little people know about the economy and how government finances work.