Students at Hinckley Academy’s John Cleveland Sixth Form Centre (JC6) have received top tips on managing their money when they go on to work or further and higher education.
During two days of money lessons sponsored by Hinckley & Rugby Building Society, the not-for‐profit financial education group WizeUp worked with 120 students and 30 of their parents.
The Manage your Money workshop covered budgeting, flat sharing, credit cards and credit ratings. A lesson for parents looked at student finance and a World of Work session also took in saving, investing, tax and National Insurance.
It is the seventh time Ed Flack, a financial education expert from WizeUp, has worked with year 12s at John Cleveland during the seven years Hinckley & Rugby has been supporting WizeUp’s visits to schools and colleges in its heartlands.
Michael Betteridge, Sixth Form adviser at JC6, said:
“The WizeUp sessions have been an integral part of the John Cleveland Sixth Form Futures Conference for a number of years now.
“Ed’s invaluable input gives our students vital information that will carry them through not only university, apprenticeships and employment but throughout the rest of their lives. For many students it is the first time they have had to face the realities of adult life and they often have little idea about tax, National Insurance and deposits, bonds, etc.
“But by the end of their time with Ed they feel much more equipped to deal with the financial issues that await them. We often have ex‐students that come back to us to support the Futures Conference and they very often comment on the fact that the information they received from Ed has helped them immensely since leaving the college.”
Ed Flack said:
“We had a really successful couple of days with both the students and parents of JC6. We covered separate sessions for those students looking to go onto university and those moving directly into the workplace.
“Lots of questions were asked and the students stayed really engaged. As always, my sincere thanks to all of the staff who made the days possible and also to our fantastic sponsors at Hinckley & Rugby Building Society for their continued support.”
Hinckley & Rugby admin assistant Suzanne Williams dropped in to see the sessions in action and said:
“The information that Ed passes on to the students will definitely be really useful and I wish I’d had the opportunity to learn from him when I was at school.
“We’re proud that so many students at JC6 and other schools in Hinckley, Rugby and Nuneaton have been helped with our support over the years.”