PFS launches financial education website for schools

The Personal Finance Society (PFS) has launched a financial education website to compliment its ‘My Personal Finance Skills’ pro-bono financial awareness programme.

The website means young people will be able to learn more about money matters while they are unable to access educational workshops at school.

The website features four free online sessions, which the PFS indicated will each last approximately 25 minutes, covering topics that include staying safe from scams, moving on from school, and how to make financial decisions in the future. The PFS added that its sessions are designed for students aged between 14 and 18 years who are studying key stage four and five material at school.

Before the coronavirus pandemic, the PFS’s My Personal Finance Skills was set to deliver more than twice as many educational sessions for students across the country in the 2020 to 2021 academic year, as it did in the 2019 to 2020 academic year.

PFS chief executive, Keith Richards, commented: “We launched My Personal Finance Skills as a pro-bono programme allowing members to demonstrate the professions wider commitment to financial awareness and education by serving to wider community they operate in.

“While in-school workshops are currently on hold due to the ongoing Covid-19 outbreak, the Personal Finance Society has adapted our in-school material to offer students free online financial education.

“We hope teachers, parents and pupils find these online sessions useful in educating the nation’s teenagers about money matters while school buildings remain closed to pupils whose parents aren’t identified as key workers.

“This new consumer-facing website has the potential to expand to incorporate wider information and guidance.”

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