The 14 pupils aged 16 to 19 were treated to a day packed with advice from experts from WizeUp. Sponsored by Hinckley & Rugby, the activities included practising how to open a savings account during a visit to the Society’s branch in Hinckley town centre.
WizeUp, a not-for-profit group of financial education experts, helps school pupils prepare for their life beyond lessons. The experts first gave the young people a ‘work’ task, for which they were ‘paid’ with money they then spent in a mobile shop before depositing their change.
The children were shown how to use a cashpoint – something many had not done before, said Ed Flack from WizeUp: “It was a brilliant day. The pupils got a lot out of the activities and we enjoyed working with them and getting to know the questions they have about money. Our thanks go to Hinckley & Rugby for their support in making the day possible.”
Hinckley & Rugby Building Society branch manager at Castle Street Denise Bradshaw said: “It was great to welcome the young people. They were keen to learn and practised filling in the form and were interested in finding out about how to be cautious with personal information. It was a fun event with some serious messages for them about identity theft and how to be smart with money.”
Jo Linwood, teacher at Dorothy Goodman School, said: “The students were really engaged and enjoyed learning about money management, which is a very important life skill. The WizeUp people are amazing, the children were focused all day and they – and I – learned a lot.”