Financial Education
Our Vision – We believe that all children should be given the best chance for a rewarding future, in work and in life, no matter where they start their journey.
At Beacon Primary, we believe that in today’s society it is essential that children are educated and equipped for the financial world that we live in. We need to prepare them to be active and responsible financial citizens and have a secure understanding of how managing finances and budgets can impact on their future lives and careers. We believe it is vital that our children develop a good understanding of finance in order to help them plan and manage a range of financial circumstances as they grow older. We are currently tailoring our curriculum so that we educate children about finance so that they develop knowledge, skills and attitudes in relation to money in order to equip them for life. This will lead to empowerment, informed decisions, confidence, calculation of risks and increase their economic links with the wider world.
Our Mission - Our mission is to empower all children to discover, develop their understanding of money and saving to ensure they are prepared for a life in society.
What is financial Education?
Financial education teaches the skills and attitudes necessary to understand money and finance. Developing an understanding of finance equips us with the knowledge and skills we need to manage money effectively. It helps us to make well-informed choices and encourages financially responsible behaviour.
Educating children about finance at a young age aims to deepen their knowledge of money in the real-world. It develops their ability to manage money as they grow older and gives them the knowledge and confidence to make important financial decisions.
Young Money, and the APPG on Financial Education for Young People, have successfully campaigned to include financial education on the secondary school curriculum – placed onto the Citizenship curriculum in September 2014 - and continues to campaign for the same in primary
As a school we made the decision to work alongside Young Money to develop a finance curriculum from Early Years to Year 6.
Useful websites for further information
https://www.young-enterprise.org.uk/centres-of-excellence/
https://maps.org.uk/en/work-with-us/financial-education-in-schools
https://www.moneyhelper.org.uk/en
https://natwest.mymoneysense.com/parents/
Useful websites for money games for pupils
https://natwest.mymoneysense.com/students/students-5-8/
https://natwest.mymoneysense.com/students/students-8-12/
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