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Useful tips for helping you and your children manage their money

Financial education
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Get teens learning to earn this summer

With the end of the school year upon us, your teens might be starting to kick back, looking forward to six weeks of fun in the sun.

However, with the job market such a competitive place, gaining some work experience this summer would be invaluable to your future 'big-shot'. Not only does work experience look great on their CV, but can help get them thinking about their career.

Learning to earn money is very important in the development of their financial education, the earlier this education starts, the better. For children under 14, it’s going to be hard to find a work placement, and so getting them doing chores for you and your neighbours and relatives will start to help them understand that money doesn’t grow on trees.

For 14 years and above, there are a number of great work placements available. Whether they're an aspiring Engineer or the next Prime Minister, the options below will be a great starting point for building valuable skills this summer:

 

Mini media tycoon

YJA – Young Journalists Academy is a summer school held annually in Canary Wharf, London. This week-long summer school includes a programme of high profile speakers from the world of journalism, workshops and a blogging competition. There are also a large number of Internships associated with the summer school. The summer school takes place between 9th August and 16th August. For more information and applications visit their website here.

 

Next generation scientist

EC2V – This technology company is at the forefront of exciting technologies in areas such as space imaging, medical advances and ground-breaking work in microwave technology. EC2V offer two weeks work experience for students between the ages of 14 and 16 (in school years 10 or 11). Based in Chelmsford in Essex, they look to take on children studying Sc

goHenry, a unique earning, saving and spending solution. Perfect for parents with children from 8-18.

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