For Teachers

At MoneySmartWorld, our aim is to provide you with resources and information that will help you promote financial capability in the classroom; in order to equip your students with the financial knowledge, skills and confidence they need to live full and successful adult lives.

A student can have great numeracy and literacy skills, but if they do not learn how to manage their money, they will struggle and potentially make very poor financial decisions as adults. However you have the ability to change that and have a great impact on their lives. With personal finance lessons, you can help them develop financial skills that provide the foundation for SAVING and SPENDING WISELY; and form the basis for their responsible use of money and making informed decisions that will have a major impact on their lives.

 

Statistics currently show that:

• Money is fast becoming the nation’s most uncomfortable topic. Research from Scottish Widows show that we’d rather talk about sex and health than money.

• Most parents do not teach their children about money? Amongst those with children aged 5 and above, only 24% felt adequately equipped to teach their kids basic financial principles.

• Around 15 per cent of 18 to 24- year-olds think an individual savings account (ISA) is an iPod accessory, and one in 10 reckon it's an energy drink. With rising personal debt levels in Britain, and a lack of long-term savings, better money management seems a pressing issue.

• One in three adults (most children's role models) – or around 12.4 million people – refuse to plan their finances at all, and those that do find the time to review them set aside a miserly five minutes a week.

However, all is not lost as:

• 94 percent of youngsters believe it is important to know how to manage money, but only few say they are taught how to.

Financial Literacy in the Classroom Starts with You, the Teacher!

And OUR job is to try to make YOUR job easier by providing resources that:

• tie in with the financial capability curriculum

• have been tried and tested in schools

• are easy to teach and

• practical!

Research shows that the earlier a child starts learning about money, the more financially responsible and aware they are as adults. Even a small amount of time spent teaching children about basic money management is deemed to set them up for a lifetime of good money management habits: with early intervention and practice being the keys to success.

So let us help you start making financial literacy in the classroom a reality!

 

How to get started?

• Download any of our FREE LESSON PLANS and ACTIVITIES to help you teach a few personal finance lessons in the classroom.

OR

• Use the MoneySmart: Money Management Guide for the Classroom if you are really serious about money matters and want to offer comprehensive coverage of the PSHE: Financial capability curriculum in your school. This resource has been awarded the Quality Mark by pfeg (the Personal Finance Education Group) and is used across the UK by hundreds of schools.