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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 financial habits, the impact of environment on saving and investing, and personal stories related to investing.

The conversation highlights how stereotypes can shape self-perception, particularly regarding financial capabilities. The speaker reflects on experiences where individuals, including family members, share their investment journeys.

A notable story involves a grandmother who takes her granddaughter out for coffee weekly to discuss their shares, showcasing a positive approach to financial education.

This episode emphasizes the importance of breaking stereotypes and fostering a supportive environment for learning about finance.

TL;DR

Kiwis challenge stereotypes about saving and investing through personal stories and supportive financial discussions.

Video

00:00:00
there was just this stereotype that
00:00:01
kiwis were bad at saving and investing
00:00:03
and the thing with stereotypes is you
00:00:05
start to believe them yourself and you
00:00:07
start to go I'm bad at saving people
00:00:09
aren't inherently bad at stuff you know
00:00:10
they might not have had the right
00:00:11
environment or the right spark or
00:00:13
whatever that got them interested in it
00:00:15
the worst is when you start believing
00:00:16
the the thing yourself like what people
00:00:18
telling you uh there's been a few times
00:00:20
when like say my nieces and nephews or
00:00:23
random people tell me about how they
00:00:25
invest and how they think about it now
00:00:27
and um I remember a woman when I was in
00:00:29
Le actually that woman said she as a
00:00:31
grandmother takes her granddaughter out
00:00:32
and they go out for coffee like once a
00:00:33
week and talk about their shares and you
00:00:35
go that was just so cool cuz I would
00:00:37
never have imagine that and I reckon
00:00:39
that those are the stories that I'm like
00:00:40
yes that's really cool

Episode Highlights

  • Breaking Stereotypes
    Stereotypes can shape our beliefs about ourselves, especially regarding finances.
    “You start to believe them yourself.”
    @ 00m 03s
    November 10, 2024
  • Inspiring Generational Conversations
    A grandmother shares investment talks with her granddaughter over coffee, inspiring new perspectives.
    “That was just so cool.”
    @ 00m 35s
    November 10, 2024

Episode Quotes

Key Moments

  • Investment Conversations00:29
  • Inspiring Stories00:39

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