School praised for ‘money matters’ message

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A school in St Helens has been honoured for its efforts to educate children about debt and money management.

Parish Church of England Primary School has recently become one of only eight primary schools to gain Accredited Centre status for the DebtAware Money Management Programme.

DebtAware is a programme designed by national debt charity Debt Advice Foundation, which teaches children how to avoid unmanageable debt and establish money skills for life, before bad financial habits are formed.

The school implemented the programme after a survey of pupils revealed that a large proportion of pupils had worries about 'their family not having money' and 'being poor'.

DebtAware education manager Brian Souter said:

"Following the financial crisis, it became apparent just how important financial capability is. Money management is such a fundamental skill and we believe that teaching children this at a young age will help them to form good financial habits for life. Parish School has really embraced the ethos of the programme which is why they deserve this accreditation.”

The lessons and supporting materials have all been created by secondary school aged pupils, which are then taught to primary school children by selected fellow classmates known as Money Mentors.

Parish School Money Mentor Alexandra Mercer, age 10, said of the news;

“The programme is fun to learn and not just interesting but educational too. At first I was nervous about delivering the sessions but now I feel quite good about myself because I'm actually teaching children something they don't know. I feel proud of myself and the other Money Mentors because now Mr Souter has decided we should get an award for our hard work!”

The successful education programme will soon be celebrating its third anniversary with almost 7,000 children enrolled from 108 schools across England and Scotland. 

Parish School Headteacher, Mrs Lynne Ryder, said: “We are proud to participate in such an innovative programme and we have found that our children thoroughly enjoy the challenge of the sessions.

“The Modules are well resourced and the range of content covered assists us in ensuring that we have a broad, balanced yet exciting curriculum at Parish which is rooted in ensuring our pupils all go on to become successful and happy individuals.

“The news of our upcoming accreditation has delighted the whole school community and as Head Teacher I am thrilled with the positive impact this programme has had on both staff and pupils.”