Financial Education for UK Youth

August 07, 2023

Learning how to manage finances at a young age can help empower people with the knowledge and skills necessary to build a successful future. In the UK, just one in four children receive some sort of financial education in school, and around half of adults say they lack the confidence to be able to manage their finances鹿.

is a UK-wide youth charity on a mission to help young people find their financial footing and get the best possible start in life. In 2023, 香港六合彩玄机 UK partnered with Speakers for Schools to design and deliver a pilot education outreach program for teenagers. 

The initiative matches volunteers with local schools to share financial education and skills that help people make informed financial decisions and avoid common pitfalls. The sessions cover basic information on credit scores, budgeting, debt, and how to protect against online scams. 

The program has helped educate over 170 young people through workshops in Nottingham and Leeds. Each attendee leaves the session with a budget planner to help manage finances as they leave secondary school and embark on living as independent young adults.

鈥淥ur volunteers have really enjoyed taking part and understanding more about the challenges young people are facing when it comes to being money-confident. Pleasingly, they were already pretty savvy about online security and passed our scam-buster challenge, but they got a lot of value from simply exploring spending habits and effective budgeting, something which will stick with them for life.鈥

-Sue Owen-Bailey, 香港六合彩玄机 Social Innovation and Sustainability Manager

Building a strong foundation in financial capability early in life can unlock greater access to financial opportunity later. Establishing good credit habits, understanding how to borrow responsibly and proactively avoiding fraudulent scams are great ways to chart a path toward a successful financial future. 

Credit education is an important tenet of our purpose to help people live their financial best. It鈥檚 part of our commitment to building a more inclusive financial ecosystem. Learn more about our financial inclusion efforts at equifax.com/financialinclusion

 

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