FLiP – Financial Literacy Program for low decile primary schools

A new initiative covers the basics of financial literacy for students in years five and six.

Nathan Chan FLIP

By Naomi McRae, FLiP Manager

At PwC, we believe we’ve got a responsibility to give back to the community and we’re committed to increasing the positive impact we can make on the knowledge of our younger generations. We have over 1,000 PwC people motivated to help make a difference – and one specific area we're focused on is financial literacy.

We’ve developed an exciting new corporate responsibility initiative – our financial literacy programme (FLiP) that we offer in low-decile schools across New Zealand.

“We LOVED the programme! The kids are getting excited about saving!  Thanks SO much for these extra resources.  I know the teachers will appreciate these lessons as a way to keep our students engaged!"  

Our FLiP programme covers the basics of financial literacy over four hour-long modules, and is targeted at students in years five and six. The programme provides confidence for students to assess financial risks and opportunities to make informed choices, to know where to go for help, and to take other effective actions to improve financial well-being. Our people visit schools to deliver the modules alongside the teacher.

Since launching last year, we have successfully delivered FLiP in 34 schools, across 80 classrooms. Over 150 staff members have taken part - that's over 2,000 hours of coaches' time being poured into our low-decile schooling communities.  

“There was a real sense of satisfaction being able to help out in the community using our skillsets. We got insight into what it is like to be a teacher - what a hard job! It was really cool being able to meet the kids and being able to introduce them to new topics,  which will help them in real life." 

Our people get a real sense of satisfaction by using their specific skill sets to help be a part of creating fundamental change in children’s financial capability. Schools have also welcomed the programme with consistent feedback from teachers about the importance of having experts in financial literacy conducting the lessons.

Financial security for tomorrow starts today. By starting financial literacy education at a young age, students are given the greatest opportunity to grow their knowledge as they progress through their schooling. Reinforced and applied on an ongoing basis, the skills they learn now should stay with them for life.

For more information contact Naomi McRae, FLiP Manager – Naomi.a.mcrae@nz.pwc.com