{"id":8879,"date":"2023-03-24T11:40:27","date_gmt":"2023-03-24T00:40:27","guid":{"rendered":"https:\/\/explorecareers.co.nz\/?p=8879"},"modified":"2023-03-24T11:45:36","modified_gmt":"2023-03-24T00:45:36","slug":"what-is-financial-literacy-anyway","status":"publish","type":"post","link":"https:\/\/explorecareers.co.nz\/what-is-financial-literacy-anyway\/","title":{"rendered":"What is Financial Literacy Anyway?"},"content":{"rendered":"<span class=\"rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\">2<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span><p style=\"font-weight: 400;\">Throughout high school, you\u2019ll hear a lot about \u2018literacy\u2019 &#8211; usually around English and Maths.<\/p>\n<p style=\"font-weight: 400;\">But there\u2019s also something called <strong>Financial Literacy.<\/strong><\/p>\n<p style=\"font-weight: 400;\">\u00a0It\u2019s a valuable life skill, and after speaking with the younger generation, we&#8217;ve become increasingly aware\u00a0that there isn\u2019t enough support for them to develop this skill before they really\u00a0need it.<\/p>\n<h4><strong>Understanding Financial Literacy<\/strong><\/h4>\n<h5 style=\"font-weight: 400;\"><strong>So, first up, what is financial literacy?<\/strong><\/h5>\n<p style=\"font-weight: 400;\">Here\u2019s a little definition to help:<\/p>\n<ul>\n<li><strong>Financial Literacy:<\/strong> Financial literacy is the knowledge and confidence that you understand key financial concepts, including savings, debt, credit, and investing. This knowledge is the foundation of how you interact, use and utilise money.<\/li>\n<\/ul>\n<h5 style=\"font-weight: 400;\"><strong>So why does it matter?<\/strong><\/h5>\n<p style=\"font-weight: 400;\">It helps you have a sense of financial well-being and trust in your abilities to look after yourself financially. It forms the foundation of ongoing money management.<\/p>\n<p style=\"font-weight: 400;\">There\u2019s often an assumption we\u2019ll just \u2018know\u2019 how to be good with money and that being \u2018bad\u2019 with money is unavoidable. The truth is we learn financial literacy all the time without realising it &#8211; usually from our parents and how they manage finances.<\/p>\n<p style=\"font-weight: 400;\">Financial literacy is knowledge-based, which means you can learn how to improve it with the resources and set yourself up for financial success.<\/p>\n<p style=\"font-weight: 400;\">You don\u2019t need to be a pro from the outset, but it&#8217;s worth spending time working on your financial literacy as soon as possible.<\/p>\n<h4><strong>Discover More with Findex Young Money<\/strong><\/h4>\n<p style=\"font-weight: 400;\"><a href=\"https:\/\/www.spreaker.com\/user\/findex\/young-money-nz-s1-e1\">Findex<\/a>\u00a0has made getting financially savvy easier than ever before with their Young Money podcast.<\/p>\n<p style=\"font-weight: 400;\"><a href=\"https:\/\/insights.findex.com.au\/young-money\/\">Young Money<\/a> is the one-stop reference for young Kiwisseeking information on making money, spending money and planning for the future. These short podcasts introduce you to a range of guests who can offer the best advice for getting &#8211; and staying &#8211; on top of your finances.<\/p>\n<p style=\"font-weight: 400;\">Young Money invites you to <u><a href=\"https:\/\/www.spreaker.com\/user\/findex\/young-money-nz-s1-e1\">sit down with <\/a><\/u>\u00a0Matt Tod from the Findex Wealth Management team to discuss all things financial literacy:<\/p>\n<ul>\n<li>What is it?<\/li>\n<li>Where does money come from?<\/li>\n<li>And how do we make money?<\/li>\n<\/ul>\n<p style=\"font-weight: 400;\">Listen to the <a href=\"https:\/\/insights.findex.co.nz\/young-money\/?utm_source=third+party&amp;utm_medium=website&amp;utm_campaign=graduate+careers&amp;utm_content=explore+careers+young+money+blog&amp;utm_term=7018t0000009OYY\">full episode right here<\/a>\u00a0and visit <a href=\"https:\/\/www.spreaker.com\/user\/findex\/young-money-nz-s1-e1\">findex.co.nz\/young-money<\/a> to access the full library of resources, including topics on:<\/p>\n<ul>\n<li>Basic financial literacy<\/li>\n<li>Buy-now pay-later<\/li>\n<li>Starting casual work<\/li>\n<li>How to save and budget<\/li>\n<li>Uni debt<\/li>\n<li>Cryptocurrency<\/li>\n<li>Moving out of home<\/li>\n<li>Micro-investing<\/li>\n<li>Side hustles<\/li>\n<li>&#8230;and more!<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\">2<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span> Throughout high school, you\u2019ll hear a lot about \u2018literacy\u2019 &#8211; usually around English and Maths. But there\u2019s also something called [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":8880,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[17],"tags":[33],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/explorecareers.co.nz\/wp-json\/wp\/v2\/posts\/8879"}],"collection":[{"href":"https:\/\/explorecareers.co.nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/explorecareers.co.nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/explorecareers.co.nz\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/explorecareers.co.nz\/wp-json\/wp\/v2\/comments?post=8879"}],"version-history":[{"count":3,"href":"https:\/\/explorecareers.co.nz\/wp-json\/wp\/v2\/posts\/8879\/revisions"}],"predecessor-version":[{"id":8883,"href":"https:\/\/explorecareers.co.nz\/wp-json\/wp\/v2\/posts\/8879\/revisions\/8883"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/explorecareers.co.nz\/wp-json\/wp\/v2\/media\/8880"}],"wp:attachment":[{"href":"https:\/\/explorecareers.co.nz\/wp-json\/wp\/v2\/media?parent=8879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/explorecareers.co.nz\/wp-json\/wp\/v2\/categories?post=8879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/explorecareers.co.nz\/wp-json\/wp\/v2\/tags?post=8879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}