Cooking The Books

Each week the NZ Herald and Newstalk ZB's Cooking The Books podcast tackles a different money problem. Today, it's the changes underway to help our kids learn crucial money lessons. Hosted by Frances Cook.I always invite you guys to send me your questions about money, and a really common one that I get is also a lovely selfless one. People want to know - how do I talk to my kids about money to set them up for a good life? There's a lot of pressure on parents in this area, because schools don't teach us about personal finance. Budgeting, goal setting, KiwiSaver, investing; it's all on you to figure out this important stuff by yourself. Except it's really important stuff, arguably more important than figuring out the angle of one corner of a triangle.Research from the Commission for Financial Capability also shows it's affecting schools kids; 73 per cent of high school graduates say they've learned little or nothing about money. Even worse, 82 per cent of school leavers say they wish they'd learned more, and fe