Financial education has been on the national curriculum in England since 2014 – but now is the first time that a dedicated textbook on the subject will be heading to schools.
Charity Young Money is sending out ‘Your Money Matters’ to 3,400 state-funded schools in a bid to bring 15- and 16-year-olds up to speed when it comes to managing their finances.
The 150-page textbook has been produced in partnership with Money Saving Expert’s Martin Lewis, who has donated £325,000 to bankroll sending 100 copies to each school.
First-ever financial education textbook lands in schools – funded by Martin Lewis. For more on the textbook and Martin's role in making it happen, watch the video belowhttps://t.co/mqiIj1fKcW pic.twitter.com/rpaxIpTYLa
— Money Saving Expert (@MoneySavingExp) November 8, 2018
Students will also be able to access the book, which covers budgeting, security and fraud and debt among other subjects, online in PDF form for free.
The move comes in response to an All Party Parliamentary Group on Financial Education for Young People report titled ‘Financial Education: Two Years On – Job Done?’, which highlighted an urgent need for resources and support for teachers and students.