The research project, Developing Culturally Sustaining and Equitable Financial Education Resources for Young Diverse Learners, was led by a team from the Te Kunenga ki Pūrehuroa Massey University’s Financial Education and Research Centre (Fin-Ed Centre) and the Institute of Education. It focused on how families with children aged 10 to 15 engage with financial situations in their daily lives. Through surveys and interviews with 87 families, the study sought to understand the values, practices and expectations surrounding financial learning in the home. The study found that most parents talk openly about money with their children, sharing advice on saving, budgeting and spending. However, parents also expressed a strong desire for schools to provide consistent, culturally-aware financial education. Director of the Fin-Ed Centre Dr Pushpa Wood ONZM says families are doing a great job laying the foundation, but financial education should not be left to chance.
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