Society launches Key Stage 3 digital financial education lessons

Yorkshire Building Society has launched two new digital lessons from its financial education programme Money Minds, to support Key Stage 3 pupils.

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 on external visitors to schools and the need of some pupils to self-isolate at home when cases are confirmed in their study groups, the Society has launched two new Key Stage 3 digital Money Minds lessons for students aged 11-14 on the topics of ‘Bills and Budgets‘ and ‘Project Profit‘ to teach them about the importance of budgeting and being financially resilient.

This follows the launch earlier in the year of Key Stage 1 and 2 digital lessons. All the available digital lessons can be viewed below.

The lessons are presented by colleagues from the Society and should take around 30-40 minutes to complete.

Money Minds – Financial Education Digital Lesson videos

Money Minds – Bills and Budgets – Key Stage 3 Financial Education Digital Lesson

 

The Bills and Budgets Key Stage 3 lesson is aimed at ages 11-14. Students assess household spending and how to budget.

 

Money Minds – Project Profit – Key Stage 3 Financial Education Digital Lesson

 

The Project Profit Key Stage 3 lesson is aimed at ages 11-14. Students design a product for market and in a dragons den style approach pitch for investment.

 

Money Minds – Vacation Venture – Key Stage 2 Financial Education Digital Lesson

 

The Vacation Venture Key Stage 2 lesson is aimed at children aged 8-11 and teaches the basics of budgeting by planning a holiday.

 

Money Minds – Project Party – Key Stage 2 Financial Education Digital Lesson

 

The Project Party Key Stage 2 lesson is aimed at children aged 8-11 and teaches the basics of budgeting by planning and costing a celebration event.

 

Money Minds – Keeping Money Safe – Key Stage 1 Financial Education Digital Lesson

 

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.

The Society will be adding further digital lessons for the remaining Key Stages for older children and new digital sessions for adults in 2021 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 digital financial education lessons. She said:

We’re committed to supporting children and young people in becoming financially resilient through our Money Minds programme. This year we've had to adapt the way we deliver these lessons due to the pandemic. Over the next two years we aim to reach more than 55,000 students through our digital lessons to continue to improve the financial capability of 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 community@ybs.co.uk with the subject title of the lesson they completed and they will be e-mailed a certificate.

For more information about Money Minds please visit www.ybs.co.uk/your-society/money-minds     

All information correct at time of publication.

 

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