Financial knowledge, education = wealthier life

A new study has found that a person's financial knowledge, behaviour and psychology have even more influence over financial wellbeing than how much they earn. In other words the more financial knowledge and education you have, the wealthier you will be. The survey done by 'Te Ara Ahunga Ora', the Retirement Commission, canvassed 3,000 everyday Kiwis. Our reporter Ella Stewart spoke with Retirement commissoner Jane Wrightson about some of the key findings and what we can learn from them.