With plenty of evidence appearing to show that many Kiwis lack the skills to manage their money well or have an appreciation for the value of insurance, some organisations are connecting with schools to help students start thinking about their financial security.
According to the results of our latest poll, it seems many of you agree it’s something you’d like to be involved with.
So far, 50% of you say your advice business should develop relationships with local schools to help address financial literacy and underinsurance. However, 33% of you disagree and 17% are not sure.
Among the most recent examples of a financial literacy out-reach programme is the FSC’s Why Money Matters video-making contest for students.
In Australia, research by the Queensland University of Technology points to the need for teenagers to have financial literacy education in high school.
There’s still time to cast your vote as this poll closes on Monday 26 July.
Should your advice business forge ties with local schools to help address financial literacy and underinsurance?
- Yes (57%)
- No (36%)
- Not sure (7%)