Financial Education in Schools

After a long campaign from the Personal Finance Education Group, it will now be a statutory requirement for secondary school children to learn the basics of financial education on the national curriculum.

Jump to the main content area

The move has been pushed through due to the perceived need for young people to be equipped at an early age with the tools they will need to understand basic money management.

The government has advised that they wish for children from the ages of 11-14 to be taught about the function of money such as budgets and money management. Older students aged 14-16 will be taught more about working life including information regarding tax, wages, debt and risk.

It is hoped that this is a step forward in enabling young people to manage their money from an early age and allow them to plan their financial future.