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The Young Persons' Money Index is an annual survey that tracks the take-up of finance education in schools in the UK. It also examines the attitudes, behaviours and experiences of UK students in relation to money and personal finance. We’ve been tracking this since financial education was introduced onto the national curriculum in September 2014.
For the 2019 edition we surveyed more than 2,000 young people aged 15-18 on their access to financial education, their confidence and behaviour with money, their use of financial services and their levels of financial capability and knowledge.
Download Young Persons’ Money Index 2019
Catherine Winter, our MD of Financial Capability and Community Outreach says:
“Our scorecard has been marked, and there are no A*s for financial education in schools – far from it. The evidence shows that the current approach is just not adding up. It’s time to give this subject the attention, and lesson time, it deserves.
“After five years of financial education being in the national curriculum 69% of students still regularly worry about money and most (82%) want to learn more about money in school – in particular, on the practicalities.
“Unless something changes soon, we risk failing yet another generation and negatively impacting society for generations to come.
“Financial education should be included in the Ofsted Framework – effectively making it compulsory – and ideally taught as a standalone subject. However it’s delivered, it needs to have dedicated, regular, classroom time, with clearer guidance for teachers on what they need to cover.”
Find out more about our financial capability qualifications