Displaying items by tag: LifeSavers

The Just Finance Foundation published a report on the impact of its LifeSavers programme in 30 primary schools across England. It said, ‘Primary school pupils should receive compulsory lessons on how to manage money in response to growing levels of financial insecurity and problem debt in the UK. Learning where money comes from, when to spend, and how to save is vital to children’s ability to navigate adult life and should be a mandatory part of personal, social, health, and economic education in primary schools.’ Currently 40% of UK adults have less than £100 in savings. Difficulties managing money are becoming a mainstream issue. LifeSavers equips children to manage money wisely now and in the future, providing training, support and resources which aid teachers to deliver financial education to all year-groups. It helps set up and manage school savings clubs, and encourages parental and wider community engagement. It says today’s children face the most challenging and complex financial landscape of a generation.