Friday March 21st 2025
Financial literacy is on the curriculum for secondary pupils across the Borders this month.
In collaboration with MyBnk, Developing the Young Workforce Borders, and secondary school staff, a plan has been developed to provide all S4 pupils across the Borders with financial literacy education before the end of March.
Identified as a priority through the Local Employability Partnership (DYW, Employment Services, SDS and SBC Education), the aim is to deliver this initiative annually as an entitlement for school leavers. It also articulates with the draft core competences being considered for the national Curriculum Improvement Cycle.
Elements of financial literacy they learn about include the minimum wage, payslips, National Insurance, tax, insurance, pensions and credit and debit cards.
Councillor Julie Pirone, SBC’s executive member for Education, Youth Development and Lifelong Learning said: “Along with our partner organisations, we are delighted to be delivering these sessions to our S4 pupils.
“Working out finances and budgeting will be part of all young people’s lives as they move on from school, and therefore it is a fundamentally important life skill for them to have”.
Josh Rigby-Farrell, from MyBnk, who delivered the sessions to young people added: “MyBnk is working to create a financially fluent population, aiming to give young people a basic knowledge and awareness of important financial matters that they will experience moving into their adult lives.”
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