Schools from across the UK will be taking part in My Money Week 2019 from 10th to 16th June. This year marks the 11th anniversary of My Money Week, a national activity week run by financial education charity Young Money and supported this year by Santander, which provides primary and secondary school pupils with an excellent opportunity to gain the skills, knowledge and confidence they need to manage money well now, and in the future.
The theme for this year’s My Money Week is ‘saving’. Teachers across the country will be delivering exciting, engaging money related activities, using the digital learning resources and the interactive videos created by financial education experts at Young Money. Below, are just a few examples of the activities schools will be delivering. Primary pupils will be exploring the importance of saving by creating personalised money boxes. They’ll also be discovering the impact irresponsible gambling can have on our finances by researching different types of gambling activities. Secondary school students will consider the future of digital payments by designing a new digital payment specifically for young people.
Financial education is crucial for young people as it enables them to make informed financial decisions and thrive in today’s society. Without the skills built through financial education, young people are at risk of financial difficulties, exclusion and debt. In the light of recent research relating to young people’s personal finance habits including a 2018 report from the Gambling Commission which found that 39% of 11-16 year olds had spent their own money on gambling, initiatives like My Money Week become ever the more important.
Tina Boyle, Head of Brand Strategy & Sustainability at Santander UK, said: “At Santander we are committed to supporting people in our communities by building their financial capability and understanding. It’s never too early to learn about money and it’s important that young people have the skills and confidence they need to manage their money well. We’re delighted to support Young Money on these engaging activities for My Money Week to ensure that all young people are engaged and equipped with the right tools to manage money in their everyday lives and ensure they are set up to prosper.”
Education Secretary, Damian Hinds said: “Education is much more than learning the traditional academic subjects. I want all pupils to leave school prepared for life in modern, diverse Britain, with not only good grades but life skills needed in adulthood. It is great to have initiatives such as My Money Week which provides teachers with engaging resources and encourages pupils to think about how to look after their money.”
Michael Mercieca, CEO of Young Money comments: “I’m delighted to see so many schools getting involved in My Money Week this year. My Money Week has been successful for the last 10 years because it makes delivering financial education easy for teachers and fun and engaging for students. I’d like to thank Santander for their generous support which will ensure thousands of schools have access to flexible, free and fun financial education resources.”
To find out more about My Money Week 2019, please see the following URLs
Primary School trailer – https://youtu.be/PvnZnc1Vbf0
Secondary School trailer – https://youtu.be/4HX2Q6wTqBw
To access the digital resources for My Money Week 2019 please see the following two URLs:
Primary school resources – https://www.young-enterprise.org.uk/MMW19-Primary/
Secondary school resources – https://www.young-enterprise.org.uk/MMW19-Secondary/