Young people look set to soon learn how to manage money as part of their schooling, after a show of bipartisan support for the idea.
Labour announced its financial literacy policy at the weekend, pitching schools would teach students financial basics, if it is elected in October.
The plan looks set to stay regardless of the election outcome though, after National confirmed it supported the idea.
“It will happen. It’s something that we are committed to delivering,” the party’s deputy leader Nicola Willis said.
Labour leader Chris Hipkins said under the policy, every student leaving high school would have a core knowledge of saving, budgeting, banking and borrowing.
“Financial skills have such a significant impact [on] the lives that people lead beyond the school system. We want to make sure that that’s not left to chance.”
Source: RNZ
