this post was submitted on 27 Aug 2023
24 points (96.2% liked)

Aotearoa / New Zealand

1656 readers
47 users here now

Kia ora and welcome to !newzealand, a place to share and discuss anything about Aotearoa in general

Rules:

FAQ ~ NZ Community List ~ Join Matrix chatroom

 

Banner image by Bernard Spragg

Got an idea for next month's banner?

founded 1 year ago
MODERATORS
Dave
RaoulDuke
24
Financial education has its limits – if we want New Zealanders to be better with money, we need to start at home (theconversation.com)
submitted 1 year ago by Dave to c/newzealand
15 comments fedilink hide all child comments
 

TL:DR Studies on financial education show it helps increase savings rates, but has virtually zero impact on whether someone will default on loans. The article suggests that financial discussions at home are important.

Really though, the article is raising discussion points and doesn't really suggest what actions we should take (that I noticed, anyway).

you are viewing a single comment's thread
view the rest of the comments
[–] Dave 2 points 1 year ago (1 children)

The Conversation is a platform for academic experts to write their own articles about things they are experts in. The unfortunate truth of science is that science is boring, and any interesting article about science is overplaying the significance of whatever it's talking about.

Academics aren't entertainers, and they know that pretty much no study lets you draw definitive conclusions, so the articles are a little different from what others put out.

They take ages to get to the point, too.

I've read comments longer than this article. It seemed like a quick read to me?

[–] Ilovethebomb 1 points 1 year ago (1 children)

This was a relatively brief article, at least by their standards.

[–] BalpeenHammer 1 points 1 year ago

So why are you whinging then?