Stephen Metcalfe, local MP
for South Basildon and East Thurrock, has called for local schools to get their
pupils talking and learning about money, as part of a charity’s new campaign to
help improve the financial capability of young people.
The charity’s Get Money Smart posters are designed to encourage classroom discussions about things children can do to learn more about money and personal finance. Ideas for different ages include checking your change, estimating the cost of a weekly shop, comparing mobile phone tariffs and planning and budgeting for a trip.
Schools in South Basildon and East Thurrock are being encouraged to hold discussions with their pupils over 4 things the posters suggest they can do to learn about money – with the 5th being left up to each class to decide. Ideas for the 5th activity can then be shared with other classes across the country on Twitter using the #5thingstodo hashtag.
Stephen Metcalfe MP has thrown his weight behind the effort as a way of helping young people in the local area to gain the vital skills and knowledge they will need to manage their personal finances throughout their lives. The move follows news that financial education will be taught in secondary schools as part of the National Curriculum from September 2014.
Stephen Metcalfe MP said: “This is a great resource that will help young people in South Basildon and East Thurrock take responsibility for their finances and think sensibly about money. It will also feed nicely into the new curriculum changes. I would encourage the schools to make the most of this opportunity.”
Tracey Bleakley, chief executive of pfeg (Personal Finance Education Group), said: “We are thrilled to have the support of Stephen Metcalfe MP for this free new scheme for primary and secondary schools in South Basildon and East Thurrock. I hope all local schools will seize the opportunity to use their Get Money Smart posters to bring money to life in the classroom. This is a crucial topic that every young person should learn. Getting pupils talking about money and the financial decisions they will face in the future is a great way to start.”
