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 fal