Notes from a conference

Westpac Massey Fin-Ed Centre conference on “Building financially capable communities: our pathways to success”

  • Current Financial teaching in schools is not effective, especially for lower sociology economic kids
  • Self efficacy — whether you believe your actions and effort will affect your outcomes — is more important to wealth than things like financial literacy. Can it be changed?
  • Changes coming to regulate payday lending. Will they help?

Mary Holm is a freelance journalist, a director of Financial Services Complaints Ltd (FSCL), a seminar presenter and a bestselling author on personal finance. From 2011 to 2019 she was a founding director of the Financial Markets Authority. Her opinions are personal, and do not reflect the position of any organisation in which she holds office. Mary’s advice is of a general nature, and she is not responsible for any loss that any reader may suffer from following it.