Home / Financial education programme launched by Young Enterprise
Financial education programme launched by Young Enterprise
EB News: 23/02/2022 - 10:52
Social mobility charity Young Enterprise has launched a new digital financial education programme designed to help young people become financially capable and develop a positive mindset with money.
The new My Money Matters digital programme, which is available at no cost for schools in areas most in need of support, intends to create a new generation of financially capable young people. The programme will enable students aged 14-18 to engage in interactive, self-led learning and allow them to form a deeper, more positive, financial outlook.
By providing meaningful training on topics such as cryptocurrencies, how to spot a financial scam, and the opportunities presented by an increasingly cashless society, My Money Matters aims to break down financial barriers and empower the UK’s next generation of workers.
The course’s units can be set in any order or assigned as extra-curricular study to ease teacher workloads.
Over up to six units, young people will explore ways to make the most of their money; explore the world of financial risk and reward; and learn about different ways of saving and reflect on their saving habits.
They'll also learn to gain a deep insight into borrowing and debt, as well as learn about the common scams people fall victim to and how to protect themselves against them.
The initiative is being personally funded by William Salomon, President of Young Enterprise, and son of the charity’s founder, Sir Walter Salomon. The launch of the programme complements the UK’s National Strategy for Financial Wellbeing’s objective of providing two million more young people with meaningful financial education by 2030 and coincides with the unveiling of the government’s levelling up agenda for social mobility.
New research suggests that eight out of 10 people (80%) back banning cars in streets around schools to encourage children to travel by healthier alternatives.
The government is proposing that schools appoint a lead governor with designated responsibility for school food, as part of its reforms to school food standards.
The government has set out plans to reform School Food Standards - the first time in over a decade - and is launching a nine-week consultation on the changes.
The government is launching a new programme to support schools in areas of high knife crime and improve pupils’ safety on their way to and from school.
A school food improvement programme is set to launch in Birmingham in 2026, working with schools to improve the quality and culture of food throughout the school day for children and young people across the city.