Money Matters

Now this is eminently sensible.  In addition to teaching about English, maths and science, the National Curriculum will teach them to handle money.  BBC News story:

Lessons in money for school children

School children are about to start learning how to deal with debt, save for retirement and even what constitutes ethical investment - all as part of the national curriculum.  Students will be encouraged to debate hot personal finance topics as well as complete money-related exercises.  The aim is to turn pupils into informed and critical users of financial services.  But now personal finance lessons will play a key part in the Government's new citizenship course.

I got taught some of this as a child, managing my pocket money down to the penny, but I still knew nothing about mortgages until this year, walking into the loan officer's office and saying "we know nothing, explain everything in simple terms."

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