Nice Loans.co.uk > News > Schools Set To Give Pupils Compulsory Personal Finance Classes

Schools Set To Give Pupils Compulsory Personal Finance Classes

Government minister Ed Balls is set to get secondary schools to include the teaching of personal finance and financial responsibility as part of his secondary curriculum changes announced this week.

Incorporated in the changes are lessons about career and employment, and the kinds of skills and attitudes that are required by employers in today's ever changing job market. They will also learn about taxation, personal budgeting, money management, interest rates, trade and investment.

It is hoped that these new inclusions will produce more financially rounded young people with a clearer understanding and appreciation of debt and saving, and becoming more financially astute and responsible than young people in the past.

Based on the record levels of UK debt, there may have never been a more important time for a younger age group with less chance of getting on the housing ladder and more chance of getting into money trouble to get this kind of help.

<<< Back to news page | Get a personal loans quote >>>