Chartered Financial Planning firm Unividual has joined forces with personal finance charity MyBnk to educate children and young people on how to manage their finances.

The Bath and London-based Financial Planning firm launched the first of its Money Mondays yesterday aimed at children and young people stuck at home due to the Coronavirus outbreak.

Money Mondays will take place online every week and will provide “fun but useful tips” to young people plus lesson plans for parents home-schooling their children during the outbreak.

Money Mondays will be available on Unividual’s social media channels including Facebook, Twitter and LinkedIn.

This week’s first interactive teaching tools include a money quiz and a financial jargon buster.

Chartered Financial Planner at Unividual and father-of-two Simon Jones said: “Financial education is something I am really passionate about and I first got in touch with MyBnk through the Quilter Foundation because I needed ideas for some educational talks I was doing in local schools and colleges.”

“After the outbreak of Coronavirus, like many parents, I have been home-schooling my children. Trying to come up with fun, educational activities throughout the week isn’t easy. So, it struck me this could be the ideal time to get families talking and learning about money together.

“Recent events has taught many of us, the importance of savings. Never has it been a more important time to get this message across”

MyBnk is a UK charity that provides financial education programmes to children and young people aged seven to 25. Since 2007 MyBnk has helped over 250,000 young people learn how to manage their money.

Guy Rigden, chief executive of MyBnk said: “We believe that to properly manage your money, you need to start learning about it from an early age to make positive choices in the future.

“Families are the most important messengers in children’s lives but money is often a taboo subject. Partnerships like this with Unividual help develop the healthy attitudes and behaviours that lay the foundation for future financial capability.”

Cherie-Anne Baxter, marketing director at Unividual, said: “Times are tough, we are all busy trying to support our clients and families but we can’t put initiatives like this on hold. Instead we have to use it as a time to get important messages across.”