Education about personal finances is often lacking in the school curriculum, with time pressures and an expertise gap meaning that learning about savings, mortgages, bank accounts, pensions, debt and more can fall to the bottom of a packed agenda.
Our initiative to support money education in primary schools is well-established, with our Junior Newbury Building Society (JNBS) scheme going from strength to strength after launching in 2008. More recently, we have teamed up with WizeUp Financial Education to deliver virtual and in-person classroom sessions to secondary schools throughout our branch communities.
According to Financial Capability, only 4 in 10 children and young people say they have had some kind of financial education in school. WizeUp is a charity which aims to revamp the support given to students, parents, and schools by making learning about finances and employment more accessible and interactive.
As teachers it is sometimes difficult to talk with confidence about current finance issues. Having someone with such extensive knowledge and confident delivery is great.
Here are some of the topics that schools can choose to put on the agenda when running a session with Newbury Building Society and WizeUp:
• Budgeting
• Credit cards
• CV writing
• Income and National Insurance
• Inflation
• Saving and investing
• The history of money.
Want to get involved?
If you’re a teacher, student, or parent, and you’re interested in getting a financial education session in your school, please email us at marketing@newbury.co.uk to find out more.