Money Education for Schools and Colleges

Credit Action's work is supported from a range of sources including valued individuals who give regularly to our work.

Working with Credit Action, Schools, colleges and universities can ensure that young people are able to make financial decisions and choices independently, responsibly and confidently.

Money Education for Schools and Colleges

Find out more about our projects below:

DebtCred – Secondary School Students (aged 11-16 years old)

Future Ready – Sixth Form and College Students (aged 16-19 years old)

Student Moneymanual – University Students (aged 17- onwards)

Why do we need Money Education?

Credit Action has always firmly believed that learning about money from an early age is essential if young people are going to be effective managing their personal finances later on. We feel that educational institutions can take a lead in teaching young people about basic money management such as budgeting, bank accounts and credit.

We feel that through teaching money education in schools, colleges and universities, less young people will be ill-equipped for managing their money in adult life. Despite the popularity of proposals for financial education to be made compulsory within school, plans to implement this have been deferred under the new government. Thus it is crucial that we continue to advocate for this change whilst continuing to offer support to schools and teachers in the delivery of financial education in the classroom.

Research has shown that financial education can dramatically improve individuals' awareness, knowledge and confidence in financial matters for the future, and that a lack of these skills can lead to longer term financial difficulties. Hence Credit Action supports money education being provided in educational establishments and our projects support young students from year 7, all the way through to university.

Other Useful Websites and Resources:

Credit Action has its very own Student Budget Sheet designed specifically to help students keep on top of their money. Click here to download the word version.

Credit Action values the work of other organisations which are seeking to raise awareness of, and provide resources for, the delivery of money education throughout all the Key Stages. Please see the following websites more further information:

The Personal Finance Education Group (pfeg) is the UK's leading financial education charity which helps schools to plan and teach financial capability relevant to students' lives and needs. It provides free support, resources and consultancy to teachers and school leadership teams, and also works with government and key bodies with the aim of influencing education policy. pfeg awards Quality Mark accreditation for financial education materials and resources, ranging from Year 1 to Year 13, to ensure they are suitable, effective and of the highest educational quality. For all the latest Quality Mark and pfeg resources, click here.

The Institute of Financial Studies (ifs) School of Finance provides GCSE, AS and A Level equivalent qualifications in personal finance which are available to all schools and colleges in the UK, covering essential topics such as debt, loans, credit cards and budgeting. For the course list, click here.

The Consumer Financial Education Body offers tools and resources to help people understand and improve financial capability. To find out how to get involved with their work in schools, click here.