In January many of us decided to try and hone in better money habits for our families, by cutting back on various expenditures and building a solid base for the year ahead. As we move into February the real challenge is to keep up these good habits of saving money as a family. To give you some inspiration we have rounded up the most interesting and important financial education, children’s saving and pocket money news from January:
Ipswich Building Society aims to aid learning with “My Puppy: Mashh and Money”
The Building Society launched a virtual puppy game which involve children guiding the pup through a variety of puzzels and tasks to earn points to spend on their “puppy”. Read more…
Andrew Percy Battle Against Debt Must Start with Financial Education
Andrew Percy gives an account of why he believes financial education in schools has a vital role to play in helping people understand the fundamentals of debt, “…far too many people simply do not understand how to handle debt, what it is, how to work out how much they will have to pay or the impact on their life.” Read the full article…
Rugby Stars Deliver ‘Number Cruncherz’ Scheme to Young People
Sale Sharks have teamed up with UK credit card lender MBNA and PFEG to launch a brand-new scheme that uses rugby-themed activities to teach money management to 11 and 12 year olds. Read the full story here.
Rep. Gregory Meeks: “Every high school should be teaching financial literacy”
Representative Gregory Meeks talks about growing up poor and teaching young Americans how to take care of their money. Some good lessons from a man who has come from a humble background, here.
Pocket Money Stories
Derbyshire Boy, 13, Saves Pocket Money to Publish his Book
Ewan McNeill used 9 months’s worth of saved pocket money to finance 80 copies of his first title – Book of Worlds: Pyramids – to be printed. You can read more about Ewan’s remarkable determination here.
Sisters Aged Seven and Four become Britain’s Youngest Entrepreneurs Selling Sweets at Pocket Money Prices
Elizabeth and Rebecca Appleyard have shown brilliant entrepreneurial spirit by selling sweets and it seems to be paying off, with the duo boosting their pocket money by £120 a fortnight. More here.