Dear all, I hope you are well.
Why financial education matters: Government research suggests:
“The skills, knowledge, attitudes and behaviours that help people to manage money and achieve good financial wellbeing begin to develop from an early age. Research shows that financial behaviour starts to be shaped between the ages of three and seven, and long-term financial outcomes can be predicted from skills and behaviour in children as young as five.
Too many children and young people are unprepared for the money decisions and challenges that lie ahead. Almost four in ten (38%) of 7 to 11-year-olds do not have a bank account of their own, and less than half of 11 to 17 year-olds feel highly confident managing their money. Of those 7 to 11-year-olds who receive regular money, less than four in ten (37%) say they regularly save some of it.
Financial wellbeing is an important factor in supporting children and young people’s mental health now and in the future. Almost a fifth (17%) of 16 and 17-year-olds report feeling anxious when thinking about their money, and this figure rises to 50% of 18 to 24-year-olds.
We are committed to seeing more young people gain essential life skills – the main aim of bMoneywize
Now we need your help?
Would you like to help your #children and #teenagers make sense of #money?
If so, help us run FREE workshops to teach them basic #money #skills they need to thrive in their #financial life and avoid #debt.
I wanted to let you know I have started a crowdfunding Project for which I am aiming to raise £2,000. I would love it if you could donate using the link below to access my Project page. Any contribution large or small will be hugely appreciated.