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Sunday 04th of July 2010
July 2, 2010    

Should schools offer financial education?

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by David Masters
Should schools offer financial education?<br />

Children’s education on money matters should begin in primary school so conumers know how to manage debt in adulthood, a financial expert has claimed.

Zoe Stevens of Confused.com said financial education would help the consumers of the future learn to maintain a high credit rating so they can access the best value loans and credit cards.

“Financial education in schools is a really worthwhile exercise,” Stevens said.

“It’s important that people understand finance to aid in their ability to manage their money well.

“Starting at a young age will ensure that as they grow up, children are able to make sense of what can seem like complicated financial products.”

In related news, a survey by Equifax found 94% of parents believe financial education should be part of the national curriculum.

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