Money Wellness partners with Young Enterprise to deliver financial education to local school children

Money Wellness partners with Young Enterprise to deliver financial education to local school children

Money Wellness, the Manchester-based wellbeing platform specialising in free debt advice and ongoing support, has joined forces with Young Enterprise to deliver money management workshops to children at Sale High School in Trafford.

Under the initiative, Money Wellness will send four specially trained volunteers to Sale High School to educate and help equip pupils with the knowledge, skills and confidence to manage their money well both now and in their future lives.

The scheme follows a money management webinar run by Money Wellness called ‘Financial Wellness in 4 Key Steps’, which provided help with creating realistic budgets, identifying and tackling problem debt, making money work harder and ways to set aside money for savings.

It was delivered to more than 900 people from organisations such as the NHS, Covea Insurance, LSBU and Womble Bond & Dickinson.

Stacey Cannon, Head of Colleague Engagement & Development, said: “Good financial education at school gives children and young people the skills they need to make the most of their money, plan for the future and avoid getting into problem debt or experience financial exploitation. Children who say they had access to financial education at school are more likely to have good money skills as it enhances wellbeing for life.

“We have a wealth of experience and knowledge within the business and are keen to help teachers deliver real world financial literacy in schools. We’re delighted to be working in partnership Young Enterprise and Sale High School and hope to be able to rollout this resource out to other schools in the future.”

Sharon Davies, CEO of Young Enterprise, said: “Financial education has the power to transform young people’s lives. This scheme at Sale High School is a fantastic initiative which will help young people to build the necessary skills to manage money and recognise potential problems and risks. Building strong money habits from a young age will ensure the next generation can develop a healthy relationship with money, best preparing themselves for their future careers. Against the current economic climate, with rising costs of living, financial education has never been more important.”