Bath Building Society is sponsoring a financial education programme for secondary school and sixth form students in Bath. The programme of workshops is designed to help young people understand the practicalities of managing money and give them 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 are delivered by finance and education specialists, WizeUp, and cover a wide range of topics including preparing for university and independent living after school, budgeting, credit, loans, savings and tax.
Following the success of the Bath Building Society sponsored workshops at Hayesfield, St Gregory’s and St Marks, Bath, 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 eight 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.”