CHEAPER BORROWING FOR TEACHERS AND STUDENTS!!!
Our aim at Duffy Club is (1) to organise cheaper borrowing for teachers and students and (2) to have our content adopted into the NZ Curriculum.
We believe any debt is bad debt but what debt we do have should be managed astutely! By cheaper borrowing we refer to lower interest rates on mortgages, loans, overdrafts, etc…also no fees on bank accounts!
Teachers play a crucial role for our students and community but in this financial environment they find it difficult to make headway on their current salaries, especially with increasing mortgage rates consuming more of their weekly pay-packets…if they have indeed managed to get on the property ladder which is proving more and more difficult :(
Similarly students need support as education is so important. With an educated youth and workforce NZ will be well placed to again appear at the top of the list of OECD countries!
Do you know…the average University student debt is ~$30k…and the average house price in NZ is ~$350k…and banks require a 10-20% deposit (or ~$35k-$70k) to purchase your home!
Do you know…more than $6billion is tied up in failed financial institutions…and that ~185,000 people will lose some or all of their capital, a lot representing retirement nest eggs…and all this after the 1987 share market crash where some people are experiencing financial hardship for the second time!
There is clearly a need for $$$ Skills education!
(read less)CHEAPER BORROWING FOR TEACHERS AND STUDENTS!!!
Our aim at Duffy Club is (1) to organise cheaper borrowing for teachers and students and (2) to have our content adopted into the NZ Curriculum.
We believe any debt is bad debt but what debt we do have should be managed astutely! By cheaper borrowing we refer to lower interest rates on mortgages, loans, overdrafts, etc…also no fees on bank accounts!
Teachers play a crucial role for our students and community but in this financial environment...
(read more)