It’s not easy talking to kids about the cost-of-living crunch. Many fear landing their kids with a lifelong ‘scarcity mindset’, where a person is cursed with a feeling spending money is always wrong.
The Bank of Canada recently concluded public consultations where it sought input from Canadians about the possibility of a national digital currency.
(Shutterstock)
While a digital national currency does have the potential to mitigate key financial issues, we cannot ignore the democratic risks such a currency could introduce without safeguards.
Ayesha Scott, Auckland University of Technology and Aaron Gilbert, Auckland University of Technology
A new study by the Retirement Commission has identified the different personality characteristics that influence how we manage our money – you can test your own with their online quiz.
Succession: no one does much without a phone in their hot little scheming hands.
Warner Bros / David Russell
Personal debt in New Zealand is growing. But instead of hiding the true extent of what we owe, New Zealanders should be talking about how we got here – and what needs to change.
City of London bankers and executives at the annual Lord Mayor’s dinner in Mansion House, 2018.
Pete MacLaine/EPA-EFE
A worker from Hope House, an organization that sponsors the use of cryptocurrencies on El Zonte beach, makes a purchase at a small shop that accepts bitcoins, in Tamanique, El Salvador, June 9, 2021.
(AP Photo/Salvador Melendez)