Thursday December 14, 2017   Last updated 01:54AM
max
°
min
°

On Air Now | Radio Waatea

12:00am - 06:00am
Budget conscious wahine becoming more financially literate
Gettyimages

Share to Email
Share to RSS
Share to Print

The Maori Women’s Development Incorporation is working with the Westpac Massey Fin-Ed Centre to improve financial literacy among wahine Maori.

Centre director Pushpa Wood says a research project among a small group of south Auckland women found 59 percent of participants saved none of their income, and 68 percent don’t have any retirement savings.

Dr Wood says once the women identified almost a third of their spending went on wants rather than needs, they saw there was room to make choices about saving.

She says money can be a difficult concept to grasp, especially for younger people.

"Money’s becoming invisible. We don't see the money in our hands, we wave the plastic card. We don't have conversations about money at home. We have too many temptations for our young people. Encouragement is too spend. The messages coming from all directions is about spending not saving, she says.

Dr Pushpa Wood says the women she surveyed seemed to be more open about their finances than their Pakeha counterparts, and were more likely to borrow for significant short term purchases from family or friends rather than from a bank.

DR PUSHPA WOODS INTERVIEW

 

Copyright © 2016, UMA Broadcasting Ltd: www.waateanews.com

TWWoA 300x150 Info Days
Rheumatic Fever
E-Tangata-031217
Waatea TV
 
Irirangi Waatea Kaiwhakahaere Bernie O'Donnell, Te Ati Awa
Leon Blake Te Panekiretanga Tutor
Te Panekiretanga have put out a new music CD with songs written by Timoti Karetu, Wharehuia Milroy and a mix of present and past Panekiretanga students.
Bennett Pomana Musician
A new piece of marae theatre following three men and their journey through depression, anxiety and suicide begins a two-week tour of Northland this weekend.
Nga Korero Pirihimana 13/12/2017
Breakfast Host: Dale Husband
Marama Fox Former Maori Party MP
Breakfast Host: Dale Husband
Te Ururoa Flavell Former Maori Party MP
Breakfast Host: Dale Husband
Deputy Prime Minister Winston Peters
Breakfast Host: Dale Husband
Maria Baker CE Te Rau Matatini
The annual report for 2017 by the Office of the Director of Mental Health Services highlights real concerns regarding the increasing rates of restrictive practice (seclusion, restraint and the Mental Health Act) being used upon Maori by mental health services.
Tina Cross Musician
Singer-songwriter Tina Cross has teamed up with New Zealand's leading domestic violence charity 'Shine', to release her powerful song "Another Little One".
And the Tamihere goes to ...
John Tamihere: It’s that time of the year where people are being chosen as New Zealander of the year ...
Māori Politics 2017 - wins and losses
MARTYN 'BOMBER' BRADBURY: 2017 was an explosive year for Māori politics and the election reshaped the political landscape in a dramatic fashion wiping out Māori Party and MANA Party aspirations while leaving the Labour Party with an enormous obligation to Māori voters.
Benefits of being employed
John Tamihere: When Regional Economic Development Minister Shane Jones placed his proposition on the table to get people to earn their dole money, there was an eerie silence, then the expected outcry. Why?
0
TMP2
p waateap listenp podcastp rssp facebookp twittercontactus

Submit


Glossary

Subscribe

To receive regular updates from Waatea News.