Schools need to improve money lessons, says Estyn

12-07-2017

Estyn said a minority of primary schools and a majority of secondary schools do not provide pupils with enough opportunities to develop and apply their skills with money.

In the best schools, teachers plan a variety of activities across the curriculum, such as primary school pupils attending weekly savings clubs where they bank and keep track of their savings.

Estyn chief inspector Meilyr Rowlands said another idea would be for geography pupils to compare different websites to plan a holiday and learn about budgeting and value for money.

“Schools have a responsibility to ensure that pupils develop the knowledge, skills and attitudes to be able to manage money confidently,”
he said.

The Welsh Government said the report would be used by Pioneer schools, which have been selected to help build a framework for the new curriculum being created as part of its education reforms.

“Estyn’s findings will support their work and we expect them to be supported by key bodies such as the Money Advice Service and Credit Unions to enhance provision for financial education within the new curriculum,
” a spokesman added.


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