A financial education charity has revealed ambitious plans to improve the financial knowledge of 650,000 young and vulnerable people in 2013.
Pupils in every school in the UK will have the chance to learn more about money during the fifth annual My Money Week, thanks to a new partnership between financial education charity pfeg (Personal Finance Education Group) and Barclays.
The aim of the week, which will run from 3 to 9 June, is to support teachers in educating young people effectively about money through fun and engaging activities.
Teachers will have access to a free My Money Week Activity Pack, developed by pfeg, full of creative and engaging financial resources and ideas for how to teach financial education to four to 19 year olds.
Tracey Bleakley, pfeg chief executive, said:
“We are delighted to be working with Barclays to bring My Money Week to life in its fifth year.
“With their support, this year we will be able to expand the Week to provide even more schools with the support and resources they need to teach young people about money, benefiting 650,000 primary and secondary students across the UK.
“Financial education is absolutely essential if we are to give the current generation of young people a good start in life, equipping them with the skills, knowledge and confidence they need to be able to manage their money well. My Money Week is a great opportunity for schools to get involved in teaching their students about money in a fun and engaging way.”
My Money Week has been expanded to reach 650,000 young people across the UK, including schools in Scotland, Wales and Northern Ireland for the first time.
Ashok Vaswani, CEO UK and Retail Business Banking at Barclays, said:
“It has never been more important for young people, particularly those who are vulnerable, to be able to access the support they need to learn about money. Having sound financial skills and being confident in managing money is critical to everyday living and achieving future goals. When I speak to those who have taken part in Barclays Money Skills, volunteers and participants alike, I hear at first hand just how much young people and those who are disadvantaged benefit from dedicated support.
"It has proved the success of our partnering with leading charities and education specialists, such as pfeg, to deliver the Barclays Money Skills programme, which is why we’re expanding our commitment to reach an additional one million people during 2013.”