Society launches Key Stage 2 digital financial education lessons
Yorkshire Building Society has launched two new digital lessons from its financial education programme Money Minds, to support parents of Key Stage 2 pupils through the coronavirus pandemic.
Money Minds is a free programme consisting of a series of activities and projects designed to promote discussion and learning amongst children and young people and is usually delivered in schools by colleagues from the Society as part of its volunteering programme.
Due to current government guidance and the closure of schools, the Society has launched two new Key Stage 2 digital Money Minds lessons on the topics of ‘Vacation Venture‘ and ‘Project Party‘ to teach them about the importance of budgeting
This follows the launch last month of two Key Stage 1 digital lessons on ‘Keeping Money Safe’ and ‘Wants and Needs’. The 25-minute lessons are presented by colleagues from the Society.
The Keeping Money Safe Key Stage 1 lesson is aimed at children aged 5-7 and teaches money related vocabulary and how and why people keep money safe.
Money Minds – Wants and Needs – Key Stage 1 Financial Education Digital Lesson
The Wants and Needs Key Stage 1 lesson is aimed at children aged 5-7 and teaches the differences between what they want versus what they need and looking at how to prioritise.
Sharon Stirling, manager at Yorkshire Building Society’s Edinburgh branch filmed the ‘Project Party‘ lesson which teaches children how to budget whilst planning a party. She said:
This is the second set of our digital Money Minds lessons and these are specifically aimed at Key Stage 2 pupils. We received great feedback from our Key Stage 1 lessons as they provided quality content that parents could use for home schooling children and it is another great way we can support our members and local communities through these challenging times
The Society will be adding more digital lessons for the remaining Key Stages for older children over the coming weeks and months on further topics ranging from pensions, salaries, tax, calculating interest and responsibilities for repaying mortgages and loans.
Louise Neill, Community Manager at Yorkshire Building Society has developed the financial education lessons. She said:
We’re committed to supporting children and young people in teaching financial education through our Money Minds programme. As we usually have our colleagues volunteering in schools we have had to adapt the way we deliver these. It’s incredible that our branch colleagues, classed as key workers supporting customers with essential financial services through the last few months, have been able to extend the help offered by providing these lessons which will continue to improve financial capability in the next generation in the UK.
More than 25,000 pupils across the UK have now received a Money Minds lesson since the programme launched in 2015.
When children have completed the lesson their parents or guardians can e-mail firstname.lastname@example.org with the subject title of the lesson they completed and they will be e-mailed a certificate.