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

November 10, 202400:44
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there was just this stereotype that
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kiwis were bad at saving and investing
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and the thing with stereotypes is you
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start to believe them yourself and you
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start to go I'm bad at saving people
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aren't inherently bad at stuff you know
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they might not have had the right
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environment or the right spark or
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whatever that got them interested in it
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the worst is when you start believing
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the the thing yourself like what people
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telling you uh there's been a few times
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when like say my nieces and nephews or
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random people tell me about how they
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invest and how they think about it now
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and um I remember a woman when I was in
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Le actually that woman said she as a
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grandmother takes her granddaughter out
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and they go out for coffee like once a
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week and talk about their shares and you
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go that was just so cool cuz I would
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never have imagine that and I reckon
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that those are the stories that I'm like
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yes that's really cool

Podspun Insights

In this episode, the conversation dives into the impact of stereotypes on personal finance, particularly focusing on the belief that Kiwis are bad at saving and investing. The speaker reflects on how these stereotypes can shape self-perception and hinder financial growth. A heartwarming story emerges about a grandmother who takes her granddaughter out for coffee to discuss their investments, showcasing a refreshing approach to financial literacy that breaks the mold. This narrative not only highlights the importance of mentorship and open dialogue about money but also inspires listeners to rethink their own financial habits and the environments that shape them.

Badges

This episode stands out for the following:

  • 85
    Most heartwarming
  • 80
    Most inspiring
  • 80
    Best overall
  • 75
    Most emotional

Episode Highlights

  • Challenging Stereotypes
    Stereotypes can shape our beliefs about ourselves, but they aren't inherently true.
    “Aren't inherently bad at stuff, you know?”
    @ 00m 09s
    November 10, 2024
  • Inspiring Family Traditions
    A grandmother shares investment talks with her granddaughter over coffee, creating a unique bond.
    “That was just so cool, I would never have imagined that.”
    @ 00m 35s
    November 10, 2024

Episode Quotes

Key Moments

  • Stereotype Beliefs00:03
  • Family Investment Talks00:35