MoneyTime financial literacy competition In schools
MoneyTime New Zealand has concluded its first-ever nationwide financial literacy competition. The competition enabled classes across New Zealand, the program’s country of origin, to compete for the title of Best Financial Literacy Class.
Classes vied for the highest average score across 31 modules in the MoneyTime program. The competition was fiercely contested, marked by six changes in the leading position within the final eight weeks.
Bravo class from Glen Eden Intermediate School in Auckland secured the top spot, surpassing 768 participating classes across New Zealand.
CEO of MoneyTime, Neil Edmond says “The fact that 31 of 32 students in Bravo finished all 31 modules shows just how motivated and enthusiastic they were to succeed.”
The top 4 classes won cash prizes for their school, which were sponsored by the Milford Foundation, MoneyTime’s cornerstone sponsor. Thanks to their support, alongside other key sponsors, the program is offered free of charge to primary schools across New Zealand.
Bryce Marsden, CEO of the Milford Foundation was pleased with the engagement MoneyTime received. “The number of students who actively participated in schools right across New Zealand shows that MoneyTime’s financial literacy program not only teaches valuable life skills but is also engaging and fun. It’s very positive the government wants to make financial literacy compulsory in schools – this could be life-changing for students who are given the skills to make wise financial decisions at an early age.”
The students loved it too. Avisa, a year 8 student says "Although the school receives the prize money, each of us is now empowered to gain personal wealth in the future. After using MoneyTime, I now have a lot more clarity and understanding about finance. The addictive element was fun. I really enjoyed doing it.”
Edmond confirms the competition is set to run again next year, this time expanding to schools in the US, Australia and South Africa.
Bravo class from Glen Eden Intermediate School in Auckland won first place, surpassing 768 participating classes across New Zealand.