Bath Building Society is set to sponsor a financial education programme for secondary school and sixth form students in Bath, offering advice on managing money and making informed decisions.
The programme of workshops is designed to help young people understand the practicalities of managing money, and give them the confidence to make informed financial decisions.
According to statistics from Young Enterprise, 4 in 10 adults aren’t in control of their finances.
The workshops cover a wide range of important topics including preparing for university and independent living after school, budgeting, credit, loans, savings and tax and is delivered by finance and education specialists, WizeUp.
Following the success of the Bath Building Society sponsored workshops at Hayesfield, St Gregory’s and St Marks, the programme will roll out across the area in the 2019/20 school year.
Bath Building Society’s CEO, Kevin Gray, said: “We are delighted to be working with WizeUp to bring financial education to secondary school children in Bath.
“When you consider 21 million UK families have less than £500 in savings to cover unexpected bills, while around 8 million adults have debt problems, our young people need high-quality financial education in school so they can manage their finances well and have the confidence to make crucial decisions.
“This is becoming increasingly important as future financial choices are likely to be more challenging than for past generations.”
Bath Building Society is holding a free CPD session for Bath teachers on 2nd July, hosted by Young Enterprise financial education expert, Polly Barnes from 1.30pm, at the Society’s Queen Square office.
Any secondary school teachers interested in attending can email Bath Building Society on firstname.lastname@example.org.