Book Aims To Teach People Money Skills
After 30 years’ managing other people’s money, a Christchurch finance broker has published an educational book to help
New Zealanders improve their own money responsibilities.
David Weusten of Financial Service Providers NZ Ltd, is the author of several financial books for commercial and
business interests.
Now he has turned his attention to providing basic money skills for individuals in the new book entitled “Money. Your
Master? Your Slave? Your Choice!”
David said that learning money management as a life skill helped people avoid the traps of financial mismanagement and
debt escalation.
“Unfortunately children are not taught this skill at school and have to experience a lot of hard knocks in the real
world,” he said.
“This leaves many with bitter experiences and a reluctance, even an inability, to learn how to make sensible and
practical financial decisions.”
It was not surprising many New Zealanders struggled with record high debt levels and had no foundation for wealth
creation.
He said the basics of money management were not difficult, but too many people failed with money because the principles
had never been explained to them.
“This book is an attempt to explain in simple terms that anyone can master their money situation and not be a slave to
it, as so many are these days
.
“It is written for anyone, whether at school and learning money responsibilities for the first time, or earning an
income and managing budgets and debt control.”
The book covers subjects such as banking, interest rates, budgeting, borrowing and saving. Each chapter provides readers
with useful background and practical information along with “do-it-yourself” work sheets.
David said the book has sparked interest amongst a number of secondary school teachers who are keen to adopt it as a
classroom resource.
“It would be rewarding to see it widely used for education and for the benefit of young people, many of whom seem to
think that money grows on trees.”
To make the book easily accessible for educators and parents, it can be downloaded at no cost from the website:
www.fspnz.comTo obtain a hard copy, the recommended retail price is $20.
ends