From 2027 it'll be compulsory for students from year 1 to 10 to be taught financial literacy.
A new national report card on financial literacy shows only 23% of New Zealanders rate their financial knowledge as "excellent". Most of us see ourselves as only "average" with money.
The report was from insurance company Partners Life and Banqer - an organisation already teaching financial literacy in schools and host of the Money Month Challenge.
Chief Customers Solutions Office at Partners Life, Kate Dron speaks to Perlina about some of the most common pitfalls - like losing out through avoidable fees.
Photo: 123RF
