Finance Education in Schools: Parents Backing

Finance education in schools has received the backing of parents according to the Association of Investment Companies.

9 out of 10 parents and teachers think that personal finance education should be taught at school, with half of these thinking it should be mandatory.  Currently, personal finance education in schools is not compulsory.  

Parents were asked to rank a range of subjects in order of importance; they placed personal finance sixth in the list, after the core subjects of maths, English, science, languages and history.  

Parents and teachers believe their children should be learning about the value of money at primary school, so by the time they reach secondary school, they can make sound financial decisions.

Our view

Finance education in schools is a must.  We have called for this for nearly 10 years now.  There is little point in a child leaving school understanding Newton’s three laws or Pythagoras but not being able to write a cheque.

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