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Year 1 school children to get a financial education from 2027 | RNZ News

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Learning to balance a household budget and understand interest rates will become compulsory for school children from 2027. The government today announced it was adding Financial Education to the Social Sciences Curriculum. Speaking at Tawa College in Wellington, Education Minister Erica Stanford said the lessons would start in Year 1 at primary school. "If you think about young people in primary school, the types of things they will be learning are about needs versus wants, spending versus saving and as we get older and older introducing things like budgeting, finances, how to work out discounts, what interest looks like, what insurance looks like," she said. Stanford said the policy was a pre-election commitment and the government believed financial education was crucially important. She said some schools already provided financial education, but it was not consistent across schools. Education Minister Erica Stanford with Tawa College students at today's announcement. Photo: RNZ / REE

30 April 2025, 5:49pm Year 1 school children to get a financial education from 2027 John Gerritsen Caption: Education Minister Erica Stanford with Tawa College students at today's announcement. Photo credit: RNZ / REECE BAKER Learning to balance a household budget and understand interest rates will become compulsory for school children from 2027. The government today announced it was adding Financial Education to the Social Sciences Curriculum. Speaking at Tawa College in Wellington, Education Minister Erica Stanford said the lessons would start in Year 1 at primary school. "If you think about

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