“What we need and what we want” – financial education in schools

Tracey 2

 

Many congratulations to Tracey Bleakley and all at pfeg for getting personal finance onto the national curriculum from today.

Speaking on Wake Up To Money this morning, Tracey was asked what the one piece of financial advice she’d give to those in her classroom. Her reply…

Know the difference between what you want and what you need, that’s the first thing we teach!

It has been a great achievement to get to this point and what is best is that it will be schoolteachers and not the financial services industry who will be taking this forward.

I had been nervous (and critical) of the degree of sponsorship that surrounded financial education- concern that there would be a little too much subliminal advertising and not enough independent education.

Learning as I now am, how hard it is to improve the standards of awareness, skill and knowledge among employers, I realise that Tracey and her team were right to take any help that was at hand.

This is a case of the end justifying the means and let’s hope that September 1st 2014 will be remembered as an important date in improving the financial health of the nation.

This is a long take, but if you are interested in this date , you should watch this video

Tracey’s section cuts in at 52 minutes.

 

 

 

About henry tapper

Founder of the Pension PlayPen, Director of First Actuarial, partner of Stella, father of Olly . I am the Pension Plowman
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2 Responses to “What we need and what we want” – financial education in schools

  1. seniorteam says:

    thanks Henry.

    As Chairman of pfeg I’m very proud of what Tracey and the team have achieved.

    Sadly, the funding to support the activities of the charity has proven hard to find over the last 18 months, and as a result we have merged, today, with Young Enterprise, the UK’s largest business and enterprise education charity.

    i will continue to serve as a Trustee on the Board of the new merged entity, and will do all I can to promote personal financial education and support teachers and schoolchildren in understanding more about how the world works.

    OT

    Sent from my iPad

    >

  2. henry tapper says:

    I think we owe you a debt of thanks too!

    Thanks OT

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