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Gohenry said that according to a survey of more than 2,000 people aged six to 18, about 84% of children want to see financial education in the government’s new national curriculum. The same proportion says that financial education is more important than mathematics, English and science, and nine out of 10 agree that this will help them live and work in adult life.
Meanwhile, 68% of 18-year-olds are worried about leaving school without any money skills, Gohenry is re-invoking to mandatory financial education for primary schools as the government continues to review the review of national curriculum led by professors Becky Francis.
Children want to start honing their money skills from an early age, and 52% of young people aged six to 10 say they want to learn about financial education in primary schools.
In terms of its position on the course, 33% of young people aged six to 18 think financial education should be taught as part of PSHE (Personal, Social, Health and Economic Education) – that’s what Gohenry asks for in it. Financial Education Declaration.
Among children who want to teach financial education in school, the most popular funding themes are:
Many parents are picking up the pieces due to a lack of formal financial education in schools, with nearly three-quarters (72%) of children saying they have learned the most money skills from moms and dads.
Growing up with the rise of an influential culture, social media has also become the main source of financial information for young people, with 26% saying that social media is the most money they have learned from there.
“With the course and evaluation review, policy makers have the opportunity to show that they are listening to young people,” said Gohenry’s founder. Louise Hill. “We know that building core monetary skills from the earliest opportunities can have a positive impact on adult life, which is why we are running for financial education to become part of the new curriculum in primary schools.
“I have always regretted not studying money themes (such as investment or budgeting) in school. Money management is an important life skill and I believe wholeheartedly that we owe the next generation to make this right thing so that they can successfully navigate adulthood more successfully than we do.”
Rachel TaylorLabor MPs in North Warwickshire and Bedworth added: “A powerful national curriculum that provides our young people with practical lessons about money to equip themselves for the future is a good thing. I know that from talking to school-age children and teachers among my constituents, I know there is an appetite that can be learned in school, and that’s something new, and that’s something new.
“I support the call for compulsory financial education in national curriculum since elementary school – now is the time to make lasting changes.”
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