A majority of high schoolers think they are smart with their money, but it appears their teachers don't rate their pupils' money management skills so highly.
That is one of the findings from a survey that has been released as part of Money Week.
The survey was carried out by the New Zealand Council for Educational Research on behalf of the Commission for Financial Capability.
Just over 70 percent of students surveyed said they knew a lot about how to manage their money.
But only 19 percent of teachers believe their students money management skills are high.
The research also found nearly 90 percent of students have a bank account and 60 percent have EFTPOS cards, but cash is will the most common way to make purchases.