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Are you teaching Financial Responsibility?
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Are you teaching Financial Responsibility?

Jan 20, 2016

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Are you teaching Financial Responsibility?. Each month. 10% of adults in the UK spend more than they earn. 23% just break even. 53% have less than £100 left in their account when all else is paid. 43% often or sometimes struggle ‘till pay day. Financial Inclusion. Spot the difference. - PowerPoint PPT Presentation
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Page 1: Are you teaching Financial Responsibility?

Are you teaching Financial

Responsibility?

Page 2: Are you teaching Financial Responsibility?

Each month...

10% of adults in the UK spend more than they earn.

23% just break even.

53% have less than £100 left in their account when all else is paid.

43% often or sometimes struggle ‘till pay day.

Page 3: Are you teaching Financial Responsibility?

Financial Inclusion

Page 4: Are you teaching Financial Responsibility?

Spot the difference...

Beko 5502w Beko 5502w

£180.81 £903.24

Page 5: Are you teaching Financial Responsibility?

Why do we need to do anything?

In a room of 100 adults..

60 will have money problems each year.

25 will have no idea how much they spend each week.

33 didn’t save a penny last year.

50 have less than 2 months salary saved.

50 would only survive for 17 days if they suffered an unexpected loss of income.

Page 6: Are you teaching Financial Responsibility?

Education Scotland

“ It is the clear responsibility of all teachers to develop every child’s financial capability as part of their general education”

Page 7: Are you teaching Financial Responsibility?

Key reflective Questions

What financial education is already happening in your school?

What do you know about the financial experiences of your children and their families?

How will the cultural background of your children influence their financial experiences within your school?

Page 8: Are you teaching Financial Responsibility?

Early Years and Primary Resources

Page 9: Are you teaching Financial Responsibility?

Secondary Resources

Page 10: Are you teaching Financial Responsibility?

Don’t worry if your school isn’t teaching

your kids about managing money.

They can always learn the hard way.