Financial Education

As a financial services provider, we want to use our expertise and resources to teach the next generation about money.



About Money Minds

Money Minds is an innovative financial education programme developed to inspire children and young people to learn about money and give our colleagues a new impactful way of volunteering within the community.

Feedback has been very positive; in 2019, 97% of students said they learnt something new in the session and 97% felt more confident in the subject taught:

We delivered the Project Party session yesterday and it was fantastic! The kids loved it and we did too! The feedback from the teacher and the children was great. In fact the children said that “it was the best lesson they have ever had”. Will love to do more of these sessions for other age groups as well – Rehana Bashir, Customer Representative, Dewsbury Branch.



Notes for Teachers

Each volunteer will have completed Classroom Ethics and Safeguarding Awareness training and have familiarised themselves with the course, ensuring they are ready to deliver this within the classroom in small groups or in pairs.

This activity will often be our volunteers' first classroom experience and so should be supported by the classroom teacher. All activities have been designed to promote discussion and share learnings among children and young people. Depending on the size of the class and the range of ability levels, there will be instances where specific task support from the classroom teacher would help the students to progress through the activities, ensuring they get the most out of the session. Teachers remain responsible for the behaviour of the class during the session.

Frequently Asked Questions

Will the volunteer have a Disclosure and Barring Service (DBS) check?

Yorkshire Building Society operates a ‘safer recruitment policy’, but our volunteers won’t be DBS checked. Volunteers within schools should be supervised at all times, and supervision is the school’s responsibility.

How can my school get involved?

If your school is interested in receiving a lesson please email community@ybs.co.uk



List of Activities

KEEPING MONEY SAFE

Aimed at ages 5-7. Money related vocabulary and how/why we keep money safe.

Watch video online


WANTS & NEEDS

Aimed at ages 5-7. Differentiating what we want versus what we need and looking at how to prioritise.

Watch video online


PROJECT PARTY

Aimed at ages 8-11. The basics of budgeting by costing to plan a celebration event as a team.

Watch video online


VACATION VENTURE

Aimed at ages 8-11. The basics of budgeting by planning a family holiday and pitching ideas to classmates.

Watch video online


PROJECT PROFIT

Aimed at ages 11-14. Working in a team, students design a product for market and in a dragons den style approach pitch for investment.


BILLS & BUDGETS

Aimed at ages 11-14. Students assess family spending and create a workable budget for a family.


LENDING & BORROWING

Aimed at ages 14-16. Students calculate interest on different types of borrowing and calculate risks on taking a loan.


PAY

Aimed at ages 14-16 This session introduces the world of salaries and wages, discussing pay, tax and national insurance in an engaging way.


PENSIONS

Aimed at ages 16-19. Students are led through a discussion and activities around pensions, emphasising the importance of planning for the future.


BUYING A HOUSE

Aimed at ages 16-19. Students will consider the pros and cons of fixed versus variable rates, assess a household’s affordability, consider different options for house purchase.



What else are we doing to help young people?

  • We have an active apprenticeship programme.
  • We support young people prepare for the world of work through our Career Minds programme, which includes: Employability skills workshops, work place visits, careers panels and mentoring.
  • Please have a look at our Pass it on Campaign to find out what else we’re doing to upskill the next generation with financial well-being.

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