Children’s Financial Education

Recent TISA research of 1,000 16-17 year olds has indicated only 33% of young people recalled having had any financial education in school. However, 70% of those who did recall such interventions said that it had changed their attitudes to money. Furthermore, evidence from KickStart Money (details below) shows that even younger children aged 10 – 11 yrs change their financial habits following intervention in school.

Benefits to consumers


GENERATIONS OF YOUNG PEOPLE WOULD LEAVE SCHOOL BETTER EQUIPPED TO MANAGE THEIR FINANCES AND THEREFORE HAVE A BETTER CHANCE OF BECOMING FINANCIALLY RESILIENT THROUGHOUT THEIR ADULT LIFE AND INTO RETIREMENT.

GUIDANCE AND ADVICE PROVIDED DURING ADULTHOOD WOULD BE BETTER UNDERSTOOD.

LESS RISK OF MENTAL HEALTH ISSUES.

Benefits to industry


BETTER INFORMED CUSTOMERS WHO ARE BETTER EQUIPPED TO MAKE INFORMED DECISIONS.

Benefits to UK economy


FINANCIALLY RESILIENT ADULTS ARE LESS LIKELY TO MAKE AS MANY DEMANDS ON THE BENEFITS SYSTEM.

FEWER CASES OF MENTAL HEALTH ISSUES THEREFORE REDUCING DEMAND ON NHS.

FINANCIALLY RESILIENT ADULTS WOULD HAVE MORE MONEY TO SPEND IN THEIR LATER YEARS.

TISA Groups & Resources

Children’s Financial Education Policy Council

Go to

Children’s Financial Education Publications

Children’s Financial Education News

All Party Parliamentary Group on Financial Education for Young People report

Go to
Useful Links

Finncial Education Forum May 2020 update: https://www.young-enterprise.org.uk/wp-content/uploads/2020/05/Financial-Education-Forum-Papers-May-2020.pdf

Young Enterprise Resource Hub:  https://www.young-enterprise.org.uk/teachers-hub/financial-education/

Redstart:  https://redstarteducate.org/

Money Advice Service: https://www.moneyadviceservice.org.uk/en/corporate/financial-education-in-secondary-schools-in-england

Money Advice Service: Online content for parents, including the downloadable booklet from TLD –https://www.moneyadviceservice.org.uk/en/articles/how-to-talk-to-your-children-about-money

Money Advice Service: The ‘Talk, Learn, Do’ (TLD):  https://www.moneyadviceservice.org.uk/en/corporate/findings-from-talk-learn-do

SS&C intervention – Joe’s Journey: https://www.joes-journey.co.uk

The Share Foundation project to find lost CTF – CTF ambassadors : https://www.ctfambassadors.org.uk/partners

MyBnk – Money House Initiative: https://www.mybnk.org/our-work/financial-education/the-money-house/