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2019 New Zealand Global Money Week

LEADING ORGANISATIONS:

  • Banqer (Australia and New Zealand)

PARTICIPATING ORGANISATIONS:

  • 29 Schools, Arataki, ASX, Canteen NZ, Financial Planners Association of Australia, Heart Kids NZ, Kids Can, Kiwibank, Koha Community, MYOB, Netwealth, NZX, Pink & Steel, RIP Global, VUW Women in Tech, Young Enterprise Trust NZ

NUMBER OF CHILDREN REACHED DIRECTLY:

  • Not reported

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • Not reported

Banqer (Australia and New Zealand)
Prior to the Week, Banqer reached out to their partners in different organisations, inviting them to record short videos, where they teach children about different concepts of money. These videos were then shared on the bank’s social media channels during Global Money Week, to reach children and youth remotely. The Week was launched by both the ASX and NZX, with the ‘Ring-the-Bell’ opening session to start the trading day on the 25th of March. The students learnt a lot from the experience and told the bank representatives that the session made them feel important and included in the world of finances. The Bank organised a money box competition, where the children were asked to design and create their own money boxes and were asked to give three different ways of how they could earn the money that they would be keeping in their money boxes. All children were encouraged to donate a portion of the money that they earn to charity. In 2018, the Banqer children in New Zealand donated over $3 million to three different charities, which was shared at an event organised at a Banqer School.


2018 New Zealand Global Money Week

LEADING ORGANISATIONS:

  • Banqer

PARTICIPATING ORGANISATIONS:

  • 14 corporates
  • 20 schools

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 100

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 525

Banqer
Throughout the Global Money Week 2018, Banqer, along with partners, reached out to their 44,000 student users throughout Australasia to canvas their money tips. They then shared the best of these money tips via social media during the week, and at the end of the week produced a poster sharing the best of these tips!


2017 New Zealand Global Money Week

LEADING ORGANISATION:

PARTICIPATING ORGANISATIONS:

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 170

Continuing the New Zealand’s Commission for Financial Capability’s (CFFC) commitment to extend its celebration of New Zealand Money Week from October to March to focus primarily on young people of the country, the CFFC has established a partnership with a group of 5 schools from the Upper Harbour Sorted Schools Cluster and the Ministry of Education. Through this partnership, a specialized class on financial management and financial planning for their futures was organised for this year’s Global Money Week celebrations

Through this programme, the CFFC engaged and taught children and teenagers about financial capabilities at school, to help set them up for their future. The CFFC strongly believes that financial capability is a core life skill for participating in modern society and economic life. Financially capable people are empowered to build a wealthier future for themselves and their families. Teachers from the 5 representative schools from the Upper Harbour Sorted Schools Cluster gave special classes in line with school visits from delegates from the New Zealand Commission for Financial Capability.

Additionally, joint interaction also brought together both parents and kids filled through games, as CFFC also strongly advocates that family interaction and joint understanding are important to fully integrate financial capability knowledge, understanding, and skills for young people. Several activities and interactions were prepared, including financial literacy board games, lectures with professors on how to responsibly manage money, and an introduction to Debt Empire—a gaming app that educates players on crucial debt lessons to overcome the loan shark problem that some families deal with in New Zealand.


2016 New Zealand Global Money Week

LEADING ORGANISATION:

PARTICIPATING ORGANISATIONS:

DATE OF THE EVENT:

  • 15th - 16th of March

TOTAL NUMBER OF CHILDREN AND YOUTH ENGAGED:

  • 240

As a supporting initiative to the New Zealand Money Week that happens each October in the country, the New Zealand Commission for Financial Capability (CFFC) began celebrating Global Money Week in 2015 to be able to focus specifically on the younger generation of savers and future economic actors. In 2016, the New Zealand Commission of Financial Capability continued this commitment by coordinating with the Upper Harbour Sorted Schools' Cluster, which are undergoing the “Sorted” programme. Schools in the “Sorted” programme are currently piloting and implementing the full financial capability curriculum designed for the country.

Since 2015, the CFFC and the Ministry of Education have progressed from defining the Sorted schools’ programme as “improving financial literacy” to “strengthening children’s financial capability”, as institutions have found that using the term “financial capability” to be more empowering. Together with the Sorted schools, students participated in various financial capability education lectures and interactive games throughout the Week. During these lectures and games, the programme was able to bring together children from various backgrounds to be able to share their experiences, their knowledge, plan for what they want to achieve through savings and investing in the future, and have a lot of fun.

Through these sessions and games, the CFFC have aimed to teach young people about:

  • Money management on a daily basis: children being able to plan their sources of money such as their allowance, keeping track of their spending and having a conscious way of living within their means
  • Thinking ahead and having a plan for their future needs: highlighting that needs in the future could both be expected and unexpected
  • Basic knowledge on how children will be able to choose and use various financial products: having the capability to decide what products are appropriate
  • Strengthening the capability of children to make informed decisions: learning from mistakes as well as making children more aware of the way to get more information and why it is important

2015 New Zealand Global Money Week

LEADING ORGANISATION:

PARTICIPATING ORGANISATIONS:

DATE OF THE EVENT:

  • 9th - 17th of March

NUMBER OF CHILDREN REACHED:

  • 120

New Zealand celebrated Global Money Week for the first time this year. The Commission for Financial Capability (CFFC) took the lead in coordinating with various organisations to raise awareness and to give young people the tools and inspiration they needed to become financially capable and socially empowered to positively shape their future.

New Zealand's Commission for Financial Capability worked together with NZX, the operator of New Zealand's Stock Exchange, to conduct the international launch event for this year's Global Money Week. With the first glimpse of morning sun, New Zealand opened this year's Global Money Week with a symbolic ringing of the stock exchange bell together with the Upper Harbour Sorted Schools' Cluster (UHSSC), which pilots the efforts of the New Zealand Government in enabling schools and communities to realize their vision of "financially fluent kids".

The international launch event was graced by the Commissioner for Financial Capability, the New Zealand Minister for Commerce, and the CEO of NZX. They collectively shared their perspective, vision, and encouragement for young people present during the event to develop good financial habits today, and potentially become entrepreneurs and leaders in the future.

In addition to the ringing of the stock exchange bell, the Commission for Financial Capability also organised a meeting and seminar for young student leaders from different backgrounds from New Zealand. As most young people from New Zealand fear not being able to own their own home in the future, the students discussed with finance professors the importance of starting to save young to realize a future where they will be able to have their own homes.