School staff have a vital role to play in ensuring that children and young people develop the skills they need to be financially capable and thrive as they gain their independence. Evidence also shows that current financial education in schools does not close the money skills gap between vulnerable children and young people and their peers. The quality of financial education in schools across the UK is inconsistent, and teachers delivering the subject do not always have the confidence, skills and tools that they need. Many schools and colleges would like to increase their offer but that they need help to do so. However, we can do more to give children and young people the best start possible. It can enhance careers education and learning for work, ensuring students are prepared to understand and manage their income. It can help to bring subjects like maths to life, making the learning relevant to students’ everyday lives. It can be incorporated into personal development and citizenship subjects, helping your students to become well-rounded members of their community, enjoy life and stay safe. Good quality financial education can also enhance your school’s existing curriculum. How to incorporate financial education into the existing curriculum Research shows that children and young people who report having had some financial education at school are more likely to:Ĭhildren and young people themselves say that their financial education helps. We know that learning about money at school makes a difference to your students.

How to incorporate financial education into the existing curriculum.Good financial education at school gives children and young people the skills they need to make the most of their money, plan for the future and avoid getting into problem debt or experiencing financial exploitation.

Many schools and colleges would like to increase their financial education offer but they are hindered by a busy timetable and curriculum and a lack of skills and knowledge.Only 4 in 10 children and young people say they’ve had some financial education at school.Children and young people who say they had financial education at school are more likely to have good money skills.View in Welsh / Edrychwch ar y dudalen hon yn Gymraeg

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