Francesca Rudkin: Financial literacy in schools is a good thing
These days I have blurry memories of my time at primary school in Auckland in the late 70s, early 80s, but I can very clearly remember my ASB school banking book. ASB began school banking in 1972 as a way for children to learn about saving and banks, and I guess it was also with a view to retaining us as customers when we were in the workforce and had real amounts of money.
On banking days, I can remember bringing my 50 cents to school to make the deposit. My book was stamp marked with the date and the deposit and new balance amounts written in. And goodness, did I love watching the balance…
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