15 Jun 2022

Young people, bad debt and financial literacy

From Nine To Noon, 9:30 am on 15 June 2022
MoneyTime in action at a New Zealand school

Photo: supplied

When Neil Edmond's children were at school, he became alarmed that they weren't being taught financial literacy.

What is a bank account? How does interest work? What's the difference between a credit card and a debit card?

Neil was a marketing consultant at the time, but set about researching financial literacy programs for kids and, not finding anything satisfactory, decided to create his own. 

He launched MoneyTime in 2018, and the programme is now used by more than 700 primary schools nationwide, as well as in some schools in South Africa, Australia and the United States. 

Neil Edmond has just been a finalist in the inaugural Money Inclusion and Awareness Awards  in Singapore.