Getting good advice can pay for itself many times over. But how do you find it? And what questions should you ask before signing up with a financial adviser?
A study of how schools deliver financial literacy education has identified better ways to help students master the basics they all need to know for real-life financial situations.
We measured financial literacy among 589 informal carers that substantially helped an older person make a decision about paying for residential aged care. Less than half were financially literate.
Limin Fu, University of Newcastle and Dirk Boehe, Université Mohammed VI Polytechnique
Investors play an important role in pushing firms toward becoming better corporate citizens. So, what do investors need to know about corporate social responsibility?
Depending on circumstances, it may be time to re-think the bias to paying down housing debt over wealth accumulation in super. At least to do the sums, so you can make an informed choice.
As a young investor, the founder of modern macroeconomics John Maynard Keynes might well have bought Bitcoin. The older Keynes would not have. It’s instructive to examine why.
Buying off the plan comes with risks and challenges — but there are six key steps consumers can do to help protect themselves. Systemic and policy change is also urgently needed.
Agata Soroko, L’Université d’Ottawa/University of Ottawa
Teaching kids better budgeting won’t fix post-pandemic inequalities. A more robust social safety net, less hoarding and squandering of wealth and more equitable tax policies might.
The national curriculum expects teachers to teach some maths concepts through a financial lens. The revised curriculum includes the financial lens as an example teachers can use, if they choose to.
Teaching financial literacy requires more than adding financial literacy to kids’ school curriculum. It also means offering teachers professional development to ensure they’re equipped.
There’s a lack of evidence school banking programs lead to better financial literacy. And their removal in Victoria might be the impetus schools need to take financial education more seriously.
The act of choosing to save or spend money often involves considering a future point in time. Greater focus on saving and budgeting can help children better develop saving skills.
Ontario’s new math curriculum was written by competent mathematicians relying on the latest research, and includes both coding and social-emotional learning.