Financial education has its limits – if we want New Zealanders to be better with money, we need to start at home
- Written by: Stephen Agnew, Senior Lecturer of Economics, University of Canterbury
Even as an economics student at university, I remember heading into town on a Friday night knowing what I needed to pay the bills before I could spend on socialising. But despite having the financial literacy to know better, Monday could still sometimes begin with a trip to the bank to ask for an overdraft extension.
So it was encouraging to hear...