Mr. Garnier - who recently spoke with Prime Minister David Cameron about the benefits of making financial education compulsory in the school curriculum - saw how interactive white boards magically turned into working ATMs and giant cheques appeared as the School’s Year 8 pupils learnt about the basics of banking, thanks to NatWest’s MoneySense for Schools programme - the largest financial education programme in the UK.
Watched by the MP, teacher Chris Gibson together with NatWest’s Kim Whitehouse took the pupils through interactive exercises to help them understand more about what banks do, including how cheques and paying in slips work, and the practical tasks of balancing statements and using ATMs.
MoneySense for Schools has been developed in partnership with teachers to help schools and colleges teach personal money management and enterprise skills within the curriculum. It consists of a series of modules each of which can stand alone or be used in conjunction with others. It aims to engage young people in a variety of role playing scenarios, online and other interactive learning exercises to give them experience of making financial decisions.
Any schools or colleges wanting to find out more about the MoneySense programme, how to get the free materials or how to get the support of a NatWest member of staff, should visit the MoneySense website at moneysense.natwest.com.
"Financial education for young people is more important today than it has ever been. It is essential that they start to understand about money management and bank accounts as soon as possible. In addition, it is crucial that they are equipped with the skills and confidence required to make decisions in adult life, as all these pupils will be using a bank and making financial decisions in the future. As a result I’m delighted that NatWest has been able to help make it all a little clearer for them."
Kim Whitehouse, NatWest
"A real pleasure to meet a great group of children from King Charles 1 and it was really interesting to hear their insightful and intelligent questions. Financial Education is something that must be put on to the curriculum but until it is, it is incredibly important that financial organisations engage with schools to help ensure the next generation is financially literate."
Mark Garnier MP
"It was a pleasure having Mark with us today, and to show him how we are helping our students understand money. The students have really enjoyed and benefited from today’s activities. It’s very important that they gain basic money management skills and the NatWest MoneySense tools are an extremely practical and fun way of doing this. They really bring to life what happens in the real world. We would like to thank Kim and NatWest for making this programme available to us."
Chris Gibson, leader of King Charles 1 Lower School