Einstein famously said that compound interest is the most powerful force in the universe – you can teach your child to harness its powers. You may have read the headline and tuned out immediately. But here’s the secret: you don’t have to be a rich …
“I’m bored!” is the catch-cry of nearly every school-age child over the long summer holiday stretch. Sure, you can recommend chores, movie marathons and playing outside, but nothing engages kids quite so much as the chance to make a buck. Summer holidays are the perfect …
Your Christmas event may not look very traditional, but traditions are simply things that become more significant and meaningful the more times you do them. Feasting is surely the best tradition in any culture. It’s also one of the most expensive, especially at Christmas when …
Growing up, my mother and father had a beer bottle that they would put their loose change into. My parents, my brother and I would lay newspaper on the dining room table once it was full. My brother and I would take turns to empty …
Some kids say their families are just not good with money, or unlucky, but ASB Get Wise programme manager Linda Hodgson says it’s all about making the right decisions. Whilst reading, writing and arithmetic have always been key focuses in education, financial literacy has not. …
Did you know the average NZ family throws out $563* worth of food a year? Good grief, that is over $10 a week. If you put that on your mortgage it would save you $8,672 in interest over 20 years (based on a $200k mortgage). …
New Zealand has lots of water right? Well, yes, and no. Canterbury alone has experienced some of its lowest rainfall in 43 years this summer, and many regions of the South Island are declared in drought. Because of New Zealand’s “clean green” reputation, it can …
New Zealand is ranked as the easiest place in the world to start a business, according to a 2012 World Bank survey. So how do you get your kids on board? While there is a push to teach more financial literacy in New Zealand schools …