9\r\n\r\nTERTIARY\r\n\r\nMOnEY SenSe\r\nyoung people can have all the education in\r\nthe world. But if they can’t make ends meet\r\nfinancially they’re never going to fulfil\r\ntheir potential. By diana clement\r\n“ouR CHiLDReN ARe finding themselves\r\nin an ever increasingly difficicult financial\r\nenvironment which they are going to have\r\nto navigate through in their early years,”\r\nsays Jeff Stangl, senior lecuturer at Massey\r\nuniversity’s School of economics & finance.\r\nThere are periodic calls for financial literacy to be taught in school as a subject.\r\nHowever the New Zealand Curriculum is\r\nfull enough as it is without a new subject,\r\nbut that the life skill of financial literacy can\r\nbe interwoven in by teaching basic concepts through other subjects.\r\nThe good news is that a cluster of schools\r\non Auckland’s North Shore are doing something about that. They’re integrating financial literacy education into their curriculum.\r\nThe aim is to ensure that by the time their\r\ncurrent crop of students Pass Go and enter\r\nuniversity that they’ll be financially fluent.\r\nit’s not easy. The current crop of children\r\nof today live in a cashless society where\r\nthey can spend money they don’t have.\r\nTheir parents had passbooks and piggy\r\nbanks and life was simpler. By the time\r\nthey get to university a lot of young people\r\nare “in the do”, says Stangl.\r\nit’s not unusual to find a university\r\nstudent who doesn’t understand the effect\r\nthat buying a car now will have on his or\r\nher retirement, he says. “There is a lot\r\nof room for improvement in the levels of\r\nunderstanding that we see,”\r\n\r\n“It’s really important\r\nto give them the tools to\r\nmake informed decisions,\r\nto budget, to make \r\n\r\nNew Zealand\r\nAPN\r\nCareer\r\nCareers\r\nEmployment\r\nTraining\r\nEducation\r\nStudents\r\nDigital Media\r\nBachelor of Digital Media\r\nSouthern Institute of Technology\r\nThe Learning Connexion\r\nSchool of creativity and Arts\r\nDiploma of Art and Creativity\r\nSkills and Trade\r\nCareer Jump Start\r\nCTC Aviation\r\nLaunch your careers as a professional pilot\r\nServilles Academy\r\nA future in hairdressing\r\nFreedom to roam\r\nNew Zealand School of Food and Wine\r\nCookery and Hospitality\r\nSt Johns\r\nFirst Aider\r\nProfessional Wine Knowledge\r\nUpgrade to a new IT career\r\nComputer Power Plus\r\nIT training specialists\r\nTertiary\r\nMassey University\r\nThe engine of New Zealand\r\nMoney Sense\r\nBecome a Veterinary Nurse\r\nVet Nurse Plus\r\nNew Zealand College of Chiropractic\r\nIndependent\r\nPPTA\r\nLaidlaw College\r\ndiploma in theology\r\ndegrees in theology\r\nHITO\r\n