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Is there a negative stereotype about Kiwis being bad with money? #nzpodcast #nzbusiness #newzealand

November 10, 2024 / 00:44

This episode discusses stereotypes about Kiwis and their saving and investing habits, personal stories about family discussions on investment, and the impact of environment on financial behavior.

The conversation highlights how stereotypes can shape self-perception, with a focus on Kiwis being viewed as poor savers. The speaker reflects on how these beliefs can become internalized.

A memorable story is shared about a grandmother who takes her granddaughter out for coffee weekly to discuss their shares, showcasing a positive approach to investing.

The episode emphasizes the importance of creating an encouraging environment for financial discussions, especially among family members.

Overall, it aims to challenge negative stereotypes and promote a more positive narrative around financial literacy in New Zealand.

TLDR

Kiwis challenge stereotypes about saving and investing through family discussions and positive financial environments.

Episode

0:44
00:00:00
there was just this stereotype that kiwis were bad at saving and investing and the thing with stereotypes is you
00:00:05
start to believe them yourself and you start to go I'm bad at saving people aren't inherently bad at stuff you know
00:00:10
they might not have had the right environment or the right spark or whatever that got them interested in it
00:00:15
the worst is when you start believing the the thing yourself like what people telling you uh there's been a few times
00:00:20
when like say my nieces and nephews or random people tell me about how they invest and how they think about it now
00:00:27
and um I remember a woman when I was in Le actually that woman said she as a grandmother takes her granddaughter out
00:00:32
and they go out for coffee like once a week and talk about their shares and you go that was just so cool cuz I would
00:00:37
never have imagine that and I reckon that those are the stories that I'm like
00:00:40
yes that's really cool

Episode Highlights

  • Challenging Stereotypes
    Exploring how stereotypes can shape personal beliefs about finance.
    “You start to believe stereotypes yourself.”
    @ 00m 03s
    November 10, 2024
  • Inspiring Family Traditions
    A grandmother shares investing wisdom with her granddaughter over coffee.
    “That was just so cool, I would never have imagined that.”
    @ 00m 35s
    November 10, 2024

Episode Quotes

  • You start to believe stereotypes yourself.
    Is there a negative stereotype about Kiwis being bad with money? #nzpodcast #nzbusiness #newzealand
  • The worst is when you start believing the thing yourself.
    Is there a negative stereotype about Kiwis being bad with money? #nzpodcast #nzbusiness #newzealand

Key Moments

  • Inspiring Conversations00:29