High school students break the mould in teaching about debt

While MPs and financial institutions are debating the best way to teach young people how to manage their money, pupils at Southlands High School in Chorley, supported by the charity Debt Advice Foundation, are blazing the trail.  They are rolling out their unique money management lessons, in which 14-year-olds teach younger pupils about budgets, savings and how to avoid unmanageable debt, using books and presentations they have developed themselves.

While MPs and financial institutions are debating the best way to teach young people how to manage their money, pupils at Southlands High School in Chorley, supported by the charity Debt Advice Foundation, are blazing the trail.  They are rolling out their unique money management lessons, in which 14-year-olds teach younger pupils about budgets, savings and how to avoid unmanageable debt, using books and presentations they have developed themselves.

The project began when Debt Advice Foundation approached Southlands High School to discuss ways of supporting financial education in schools.  Two students had the idea of writing the first Money Diaries, comparing the fortunes of two families with different approaches to money.  The project has now developed into compelling money management lessons, taught to nine-year-olds by secondary school pupils. 

The roll-out to other secondaries was launched during My Money Week, the national campaign run and resourced by the Personal Finance Education Group (pfeg), the UK’s leading finance education charity.

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To see the Southlands team, with (l-r) deputy headteacher Brian Souter and Debt Advice Foundation chairman Dennis Benson,  click here

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