Thursday, 15 November 2012 09:49
Financial Planners encouraged to help students with personal finance
Financial Planners are being encouraged to visit schools during Financial Planning Week to help pupils with financial education.
The fifth annual Financial Planning Week will take place from 26 November-2 December and is organised by the Institute of Financial Planning.
This year's Financial Planning Week is supported by Bamzonia, a technology firm who create interactive tools to build pupils' financial confidence.
Free trials of the tool will be available during the week and are linked to Ofsted and the National Curriculum. The game-driven experience has a 92 per cent knowledge retention rate and allows teachers to measure the progress of pupils.
Personal finance education in schools is an important topic and has been brought up in Parliament thanks to a petition by Martin Lewis from MoneySavingExpert.com which received over 100,000 signatures.
Prime Minister David Cameron has admitted that schools have not got to grips with financial education and that it was not part of the National Curriculum.
Sue Whitbread, communications director at IFP, said: "There's so much talk about helping people and taking action to improve finance and that starts with children learning about money.
"Helping children understand how to handle money and how not to handle money is the only sensible way to stop the huge increases in personal debt over the last 20 years."
Financial Planning Week aims to help people improve their 'financial fitness' and promote the benefits of using a Financial Planner.
The fifth annual Financial Planning Week will take place from 26 November-2 December and is organised by the Institute of Financial Planning.
This year's Financial Planning Week is supported by Bamzonia, a technology firm who create interactive tools to build pupils' financial confidence.
Free trials of the tool will be available during the week and are linked to Ofsted and the National Curriculum. The game-driven experience has a 92 per cent knowledge retention rate and allows teachers to measure the progress of pupils.
Personal finance education in schools is an important topic and has been brought up in Parliament thanks to a petition by Martin Lewis from MoneySavingExpert.com which received over 100,000 signatures.
Prime Minister David Cameron has admitted that schools have not got to grips with financial education and that it was not part of the National Curriculum.
Sue Whitbread, communications director at IFP, said: "There's so much talk about helping people and taking action to improve finance and that starts with children learning about money.
"Helping children understand how to handle money and how not to handle money is the only sensible way to stop the huge increases in personal debt over the last 20 years."
Financial Planning Week aims to help people improve their 'financial fitness' and promote the benefits of using a Financial Planner.
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