Pupils at Nuneaton’s Values Academy explored their financial futures during a day of financial education sponsored by Hinckley & Rugby Building Society.
Ed Flack, a financial education expert from the not-for-profit WizeUp, worked with teenagers at the special school to prepare them for managing their money.
“We spent the day with a small but enthusiastic group of Year 11 students from Values Academy, starting with the history of money and what payment systems there might be over the next 20 years.
“The students did their own research into differences between banks and building societies before looking at the types of account which might be available to them. We then investigated the types. Some students gave very strong views of payday loan companies.
“We finished the day with budgeting and saving. It was a really full day and the students did lots of great work. As always our thanks to our lovely sponsors at Hinckley & Rugby Building Society for making the session possible.”
Values Academy is a charitable independent school with an emphasis on social and moral development which welcomes young people who have experienced failures in mainstream education.
Fiona Hims, school principal, said:
“Ed has delivered another engaging and relevant course to our Year 11 students.
“The group was of a mixed ability but Ed varied the activities and explained things in a way they were all able to understand and therefore were able to relate them to their own lives so that everyone still benefited. We definitely hope to see him back again next year.”
Carla Loughrey, Hinckley & Rugby’s assistant marketing and PR manager, said:
“Top marks for Ed for his entertaining and informative life lessons for the Values Academy pupils. We’re sure they have acquired valuable knowledge for life beyond school.”