Deepdale school to teach pupils on how to manage their money

Posted on - 2nd March, 2017 - 12:00pm | Author - | Posted in - Deepdale, Preston News, Schools

Pupils at a Preston school are to get extra lessons in how to manage their money.

St Gregory’s Catholic Primary School in Deepdale is becoming a centre of excellence for financial education.

Just over 106 schools in the UK are to receive the additional teaching which is a partnership between Young Enterprise and Visa.

It helps pupils gain the skills they need to make financial decisions and manage their money as they grow older.

Headteacher Philip Bates said: “It’s our goal to provide a better future for our pupils – and giving them the tools they need to manage their money well is a crucial part of that.

“Financial education is a crucial life skill, and by becoming a Centre of Excellence in teaching children about money we are confident we can have a real impact on our pupils’ life prospects. We are excited to be developing the school in this way for their benefit.”

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Once completed the school in Blackpool Road becomes a Centre of Excellence and will help other schools in the area to run finance lessons.

The financial advisors receiving training and lesson planning
The financial advisors receiving training and lesson planning

Young Enterprise chief executive Michael Mercieca said: “We are extremely pleased to be working with St. Gregory’s Catholic Primary School and Visa to develop the school into a Centre of Excellence. This is the next exciting stage in our expansion of the Centres of Excellence programme, and it will benefit thousands of young people in the local area.

“This programme is a key part of our plans to ensure that every young person leaves school with the skills, knowledge and confidence they need to manage money well.”

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Managing director for Visa in the UK & Ireland Kevin Jenkins said: “Visa has a longstanding commitment to improving the financial literacy of children and adults right across the globe. Our goal is clear: to ensure that as individuals gain access to financial services, they do so with a sound understanding of money management.

“We are proud to support the Centres of Excellence programme to equip teachers with a tailored programme and specialist resources designed to boost skills, capability and understanding of money management among young people.”

Do you think schools should do more to educate students about money? Let us know in the comments below

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