If we do pay our kids for their chores, do we risk creating kids who care more about money than doing good deeds for their own sake?
Articles on Financial education
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Money matters are a vital part of education.
You don’t need to be a finance expert to help set your kids up with good money habits for life.
Understanding finance isn’t enough – it’s vital to be able to apply that knowledge when there is pressure on your wallet.
Only a small fraction of women have received any financial education at all.
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?
Personal debt in New Zealand is growing. But instead of hiding the true extent of what we owe, New Zealanders should be talking about how we got here – and what needs to change.
Let’s recognise the limitations of regulation as we try to improve outcomes. Money spent on new regulations may be better put to further educating future customers.
Financial literacy is non-intuitive to the human brain and fundamental to survival today. We should follow British Columbia’s example and make financial literacy mandatory in every grade - across the country.
Top contributors
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Professor of Finance, The University of Western Australia
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Professor and Co-Director of Behavioural Economics in Action at Rotman (BEAR), University of Toronto
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Professor of Finance, The University of Western Australia
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Lecturer, Finance, The University of Western Australia
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Social scientist, USC Dornsife College of Letters, Arts and Sciences
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Visiting Fellow, Cambridge Judge Business School
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Senior Lecturer International Business, Strategy & Entrepreneurship, Auckland University of Technology
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Professor of International Business & Strategy, Auckland University of Technology
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Senior Lecturer of Economics, University of Canterbury
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Professor of Finance, RMIT University
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Professor of Finance, Auckland University of Technology
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Professor, School of Economics, UNSW
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Assistant Professor in Finance, University of Exeter