A group of Christian advisers in the UK says financial education lessons should be a compulsory part of school curriculums.
The Just Finance Foundation – set up by the Archbishop of Canterbury – believes all primary school children should be taught about the importance of regular saving so they don’t have to deal with debt in the future.
Executive director Rowena Young told Premier – children as young as seven are starting to develop their attitudes and behaviour towards money.
She said they’re working in some primary schools across the UK – but really, every child needs access to that sort of education.
‘Just Finance’ suggests money skills should be included in existing social and economic classes in schools.
Ms Young says it’s about thinking through the importance of putting a little aside for things in the future – not just living in the here and now.