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YoungMoney17 week to highlight the vital importance of financial education

#YoungMoney17 week to highlight the vital importance of financial education

Monday 27 March 2017

This week will see organisations from across the UK come together to highlight the vital importance of financial education for the nation’s children and young people.

We all know how important it is to give young people the best possible start in life, and the same applies to how children manage their money. Giving children the skills and confidence that they need to manage their money effectively when they’re adults can mean that they’re in the best possible position be financially secure.

Vital behaviours like saving, budgeting, planning ahead for retirement and avoiding problem debt can start to be set in children from as early as age seven.

This week will aim to highlight the importance of this issue and bring together influencers, policy makers and various other organisations to explore how children currently receive financial education and how we can better ensure that they’re best placed to handle their finances as adults.

On Tuesday, the Money Advice Service will release new research on the financial capability of the UK’s children and young people, exploring how they manage money and what more can be done to improve their financial capability.

Various other events will take place throughout the week. We’ll be sharing blogs and updates from influencers throughout the week using the hashtag #YoungMoney17.

Feel free to contribute and join in the conversation. If you have a blog to submit, please contact joe.cockerline@moneyadviceservice.org.uk.