The CEO of a financial literacy programme for kids believes David Seymour’s youth investment idea has promise.
The ACT Leader's floating the idea of giving every Year 11 student $500 to learn to invest and be tested on how they're doing.
The financial literacy course would cover term deposits and risk funds, and any returns could potentially be given back to the students.
MoneyTime co-founder Neil Edmond told Mike Hosking from a student perspective, it’s an excellent opportunity to get some hands-on experience in investing.
He says many kids don’t have role models in that area or money to invest, so giving them a bit of a heads up and a head start is a positive thing.
LISTEN ABOVE

Mark the Week: How hard did the India FTA have to be?
02:36

Mike's Minute: My disappointment of the week
01:59

Wrapping the Week with Kate Hawkesby and Tim Wilson: The state of politicians, financial literacy, a gift for Mike
11:26