Financial literacy 101

Global Money Week is an annual global awareness-raising campaign on the importance of ensuring that young people are financially aware, and can acquire the knowledge, skills, attitudes and behaviours necessary to make sound financial decisions and ultimately achieve financial well-being and financial resilience. It is marked in 175 countries and is held every year in the last week of March.


On these shores, Alison recently chatted to the author, educator and personal finance journalist Mary Holm, whose latest book, A Richer You: How to Make the Most of Your Money, is available to request now from the Auckland Libraries catalogue.

Mary was made an Officer of the NZ Order of Merit (ONZM) in 2020 for services to financial literacy education. She says that financial literacy skills are vital for all Kiwis. This knowledge includes understanding the value of money, budgeting, saving and avoiding unnecessary expenditure. 

Those who don’t have basic financial literacy skills can easily fall victim to predatory lending practices and fraud, so it is in everyone’s interest to learn as much as they can about money and how it works and then be able to make informed decisions about their lives. 

Listen to this Books & Beyond podcast and hear Alison and Mary chat about jet skis, reliable family vehicles, and soy lattes and find out how each one of these things is a small piece in the great big financial literacy puzzle.

 

Recommended financial literacy resources



Sorted is a free service by the Commission for Financial Capability, a government-funded, independent agency dedicated to helping New Zealanders get ahead financially. 

Explore tools and guides on budgeting, Kiwisaver, tackling debt, savings and more.

Pathways Awarua - My Money pathway

In consultation with the Commission for Financial Capability, Pathways Awarua created the My money learning pathway. This course helps adults and young adults develop their confidence and competence in money management, while at the same time strengthening their literacy and numeracy capabilities.



Debt management can be tough for people and Mary Holm recommends a free service called MoneyTalks.

Anybody can get in touch with the team at MoneyTalks if they need help with day-to-day money matters like budgeting and debt management. 


Browse and watch personal finance upskilling videos on LinkedIn Learning, including:
Log in to LinkedIn Learning with your library card number and PIN/password to access these courses and more.

Recommended reads

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