Educating the next generation in financial matters

Sam Jackson

March 20, 2013

November 13, 2018

Educating the next generation in financial matters

Image by usfk.mil

A new initiative will give thousands of school children access to a life-changing financial literacy programme to teach them money management skills.

Experian have partnered with the UK's leading financial education charity pfeg (Personal Finance Education Group) in a new venture set to give thousands of school children the chance of a brighter future, hot on the heels of the inclusion of financial education in England's national curriculum.

20 schools in some of the country's most financially disadvantaged areas will be transformed into Centres Of Excellence, with access to a financial literacy programme funded by Experian, enabling them to gain the skills, knowledge and confidence they need to be able to make the right financial decisions and manage their money well into adulthood.

To provide targeted support, schools will be identified by Experian using its tools to provide insight into areas of the country with low levels of financial literacy and use of financial services such as bank and savings accounts.

pfeg's educational specialists will work with the selected schools to help create a tailored financial education programme for pupils and to ensure all teachers are trained to deliver the innovative personal finance lessons and activities. In addition, trained Experian volunteers will also be matched to schools to offer support to teachers in the classroom.

The ability to understand and act on their own financial situation, and protect their personal information is crucial for all consumers.

  • Use financial management software to keep an eye on your income and spend, and get an honest perspective of your spending habits and financial situation.
  • Get into the habit of reviewing your Experian credit report on a regular basis - make sure everything is accurate and up to date and query anything that isn't.

With a free 30-day trial of CreditExpert you can see your credit report and Experian Credit Score whenever you want, and get expert advice on improving your financial situation. Free 30-day trial for new members only. Monthly fee applies after free trial. Free trial period starts on registration – further ID verification may be required to access full service, which may take up to five days. CreditExpert members can also get help finding finance deals that suit their credit profile. For more information on the Centre of Excellence programme, go to http://www.pfeg.org/services/centres-excellence

Sam Jackson

Money Dashboard

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