Bringing Money Management to Life

The challenges facing schools have become increasingly complex and demanding in recent years. Helping pupils achieve economic wellbeing as part of the Every Child Matters agenda is a key part of attaining a good Ofsted report, and an area where many schools need some degree of support.

In an increasingly complicated financial environment, young people need to be equipped with financial capability skills for their future and pfeg are able to help schools and pupils achieve this goal. ‘My Money’ is a financial education initiative funded by the Department for Children, Schools and Families and led by pfeg and its partners, EdComs, the PSHE Association and NCB. Developed in response to the growing need to prepare children for their financial future, it aims to bring money management to life in your school.

My Money Week 2010 – 28th June to 4th July

Taking place last summer term, My Money Week 2009 was a tremendous success with thousands of primary and secondary schools across England taking part in teaching children and young people about money in fun and engaging ways. Over 2,400 requests were made for the My Money Week secondary resource packs and over 5,600 requests for the My Money Week primary resource packs.

Schools engaged in My Money Week in a wide variety of ways from teaching one lesson on financial management to engaging in whole-school cross-curricular activities such as strawberry fayres, discos, fetes, schools banks, workshops to prepare students for independent living, Dragon’s Den style activities and stock market simulations to name but a few.

One primary school teacher from Gateshead commented: ‘The lessons learned from My Money Week have made a real difference to the lives and expectations of the children who took part from our school’

Get Involved

My Money Week 2010 is taking place from 28th June to 4th July and now is the time to save the date in your calendar.

Pfeg and its partners are working hard to make 2010 bigger, better and even more fun by giving even more support to schools through flexible cross-curricular classroom activities, exciting events, engaging assembly ideas and inspiring whole school challenges – and it’s all free!

Supporting teachers in your school

Whether teaching personal finance during My Money Week or all year round, schools are offered a range of free My Money resources to give teachers the tools to teach financial capability throughout the curriculum.

Teachers can order the free resources from My Money’s dedicated website www.mymoneyonline.org.

They will also find inspirational success stories telling them how other schools have delivered financial capability, the latest news on the ‘My Money’ project, an online interactive game called Fortunity and a section on getting parents involved along with links to other personal finance resources.

Finance is an area of school life that will experience huge growth in coming years, so why not spread the word to your teaching team today and make learning about money part of your school’s life.

For more information on pfeg’s services for schools visit www.pfeg.org or call 0845 241 0925