MoneyTime Awarded Second Place In The Money Awareness And Inclusion Awards
MoneyTime is proud to announce being awarded runner up for the Best Non-financial Services Company at the inaugural 2022 Money Inclusion and Awareness Awards (MAIA), in what judges considered was the most tightly contested category of the evening.
Of the 150 entries there were 40 finalists, 24 are receiving an award, 9 winners, 8 runners-up and 7 special commendations. Neil Edmond, MoneyTime’s CEO, said he was incredibly proud to have MoneyTime recognised as one of the organisations globally that is trying to make a difference to financial literacy rates.
MoneyTime started in New Zealand but is now available globally for use as a financial literacy curriculum for primary and high schools, by homeschoolers and for children at home. The program can be customized for any country or language as it is fully digital.
The MAIA awards, based in Singapore, were created out of the concern that adults and children the world over are not being taught about money. According to a presentation made at the event, at least ⅔ of the planet are financially illiterate. Examples included ⅓ of US teens not knowing the difference between a credit card and a debit card, close to half of all Indonesians having just a 7 day financial cushion and ⅔ of the people in Spain having their savings in a current account.
The MAIAs is an independent, decentralised body, backed by a network of influential supporters. The awards seeks to raise awareness of the many problems poor financial literacy causes, while highlighting the best financial literacy solutions available globally. Awards are judged by leading academics, NGOs, journalists, influencers, and asset managers.