netwealth partners to bring financial literacy to kids

netwealth has partnered with New Zealand tech company, Banqer, to bring a virtual financial literacy program to 15,000 Australian children.

 The virtual classroom program teaches children about money and financial concepts.

Banqer chief executive, Kendall Flutey said the children in the program could influence their financial environment by doing classroom jobs to earn cash or offering services to other children.

Related News:

They could choose to save, spend or invest in houses in a virtual real estate market from any virtual money they earned from rewards for good behaviour of classroom jobs.

“Banqer helps kids get curious, creative, and ultimately, confident with money,” Flutey said.

“It has been embraced by kids and teachers, but is also transcending geographical borders as we all start to understand financial literacy is a global challenge.”

netwealth joint managing director, Matt Heine, said the partnership extended his firm’s purpose of educating and inspiring people to see wealth differently.

“We all want a brighter future for our kids, and that means making sure programs like Banqer get into our schools so kids can learn in a practical way, life-long concepts about money,” Heine said.

“All kids deserve a great start to life and being financially literate, being confident and curious, is a huge step towards this goal.”




Related Content

Cbus rejects using super for housing

Industry superannuation fund, Cbus has joined the super industry and the Federal Opposition in opposing the idea of first home buyers dipping into the...more

Will regulation blunt the ‘direct’ approach?

ASIC is taking a close look at the sale of life insurance direct to consumers and Mike Taylor writes that the regulator’s findings may significantly...more

Annuities continue to deliver for Challenger

Challenger’s annuities business is continuing to deliver for the company strongly underpinning its latest quarterly result.The company announced to ...more

Author

Comments

Add new comment