Ross-shire schoolchildren's financial education gets a boost courtesy of book produced bv money-saving expert Martin Lewis
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ROSS-SHIRE secondary schools have been sent free copies of Your Money Matters, a financial education textbook backed by money-saving expert Martin Lewis.
This follows the launch of the digital copies of the textbook and accompanying online teacher’s guide, which were made available for free by Young Money and Young Enterprise Scotland, the co-creators of these leading-edge learning materials, which have been jointly funded by Mr Lewis and the government-backed Money and Pensions Service.
Your Money Matters is designed for S4 and S5 pupils, but can be adapted for other age groups, and provides the essential knowledge, skills and attitudes towards money as they gain greater independence.
By exploring a variety of themes around key topics such as saving, borrowing, security and fraud and the world of work, Your Money Matters is designed to help pupils to become financially capable and learn to manage money successfully.
The 148-page textbook has been produced with support from Education Scotland.
Mr Lewis, founder of MoneySavingExpert, said: “The pandemic has shown the lack of personal financial resilience and preparedness of the UK as a whole. Not all of that can be fixed by improving financial education, but a chunk of it can. Of course, we need to educate people of all ages, yet young people are professionals at learning, so if you want to break the cycle of debt and bad decisions, they’re the best place to start.”
Education secretary Shirley-Anne Sommerville said: “Financial education is an important part of the school curriculum, preparing young people with skills for life and work.”