Project is teaching North Shields children the value of finance

A project teaching children about finance has celebrated its first year supporting a North Shields school.

By David Sedgwick
Thursday, 09 May, 2019, 10:13
Brought to you by the News Guardian.

The LifeSavers project has celebrated its first birthday working alongside pupils at Spring Gardens Primary School.

The school has set up a savings club, which is complimented by financial education for children using resources provided free of charge.

“The savings club is about encouraging children to be more aware of money, saving regularly, irrelevant of how much, and the financial education is under-pinned by four core values – generosity, wisdom, thankfulness and justice.”

To mark the project’s first year with the school it had a special party featuring balloons, cakes and awards presented to the cashiers.

LifeSavers is a unique programme for primary schools offering a whole school approach, providing resources and training for teachers to embed financial education into the curriculum and support for school savings clubs to give children a practical experience of handling money.

There is also a whole community approach that involves parents, credit unions and others in helping children learn about money.