Personal Finance At School

This was mentioned a while ago, but according to IFAOnline, the government is planning to introduce financial education into schools in 2 years time.

The initial reports suggest that children aged 15 and 16 will be given the lessons which will talk about pensions and savings. This has got to be a good idea, as many teenagers come out of school without any understanding of money issues, and a large number are then going on to university and having to deal with trying to stick to a budget (and probably getting into debt). And with pensions becoming a bigger issue, the earlier they realise they must start saving now the better.



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