It’s here! It has felt like a long time coming but a few weeks ago Michael Gove (Secretary of State for Education) announced that Financial Education would form a part of the compulsory national curriculum in England which is great news.
Aspects of personal finance such as budgeting, wages and background on financial products will be taught to children in maintained schools as of September 2014 as part of the current math’s curriculum.
An education at school can support the lessons parents give their children about managing spending and help them grow up into the adult world of money.
There is so much jargon associated with finance and it can be difficult even for adults to understand it all! But hopefully, when started at an early age, the right tools and education will go a long way in engaging children and helping them to learn all about personal finance.