Citizens Advice welcomes finance education plans
www.moneynews.co.uk > General finance > Citizens Advice welcomes finance education plans
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Money News |
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Citizens Advice welcomes finance education plans
Thu 30th Aug 2007
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A recent study by the Institute for Public Policy Research claimed that better financial decisions from a young age could save a couple with two children £32,000 by the time they reach 40.
And with finance basics set to be taught to pupils aged between 11 and 16, Citizens Advice has praised the move to provide such information to children.
"We know that a lot of debt problems are caused, at least in part, by a lack of understanding and a lack of confidence in dealing with money matters," said a spokesperson for the service.
The spokesperson said that there are plenty of ways that children's interest can be engaged in financial matters and suggested that budget planning should be at the crux of the syllabus.
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