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Rationale and Concept...

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Successful learning is achieved through taking part, enjoyment, and understanding contexts

What are the requirements...

The QCA outlines the importance of economic wellbeing and Financial Capability Learning and undertaking activities in economic wellbeing and financial capability contribute to achievement of the curriculum aims for all young people to become:

 

• successful learners who enjoy learning, make progress and achieve

• confident individuals who are able to live safe, healthy and fulfilling lives

• responsible citizens who make a positive contribution to society.

 

Education for economic wellbeing and financial capability aims to equip students with the knowledge, skills and attributes to make the most of changing opportunities in learning and work. Through their learning and experiences inside and outside school, students begin to understand the nature of the world of work, the diversity and function of business, and its contribution to national prosperity. They develop as questioning and informed consumers and learn to manage their money and finances effectively.

 

The My Money Talks Programme covers Key Learning Outcomes outlined in the QCA Programme of study:

 

Concepts

 

·         Exploring what it means to be enterprising

·         Developing a sense of personal identity for career progression

·         Learning how to manage money and personal finances

·         Understanding how to make creative and realistic plans for transition

·         Understanding the economic and business environment

·         Understanding the functions and uses of money

 

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Key Processes

 

·        Different types of work, including employment, self-employment and voluntary work

·        Personal budgeting, money management, credit, debt and a range of financial products and services

·        Risk and reward, and how money can make money through savings, investment and trade

·        How and why businesses use finance

·        Social and moral dilemmas about the use of money

 

After taking part in the

programme students should be able to

 

·        Have an understanding of how to manage their money

·        Have the ability to explain basic financial terms and differentiate between specific products

·        Understand how financial management will play an important part in their lives and in achieving their aspirations

'I gained a better insight into financial services and debt...'
Helping schools, empowering teachers and preparing students for the future