Financial education in the home - Info for families

WHY DO OUR CHILDREN NEED TO UNDERSTAND MONEY?

Learning how to manage money is an essential life skill; it’s never too early to introduce children to the basics of personal finance. Your children will almost certainly be making decisions about money far earlier than you did. Financial education can help your children to develop the knowledge, skills and attitudes they will need to manage their money now and in the future.

WHAT’S HAPPENING IN SCHOOL?

Financial education features on the primary PSHE and maths curriculums for maintained schools in England. More details about this can be seen under the Big Picture section of the Guidance for Teachers page.

If your child’s school is using Cha-Ching resources, or another programme of financial education they may be benefitting from a range of cross curricular finance related activities. Ask your child and their teacher to find out what they are learning about finance in school.

HOW CAN FAMILIES DEVELOP THEIR FINANCIAL CAPABILITY TOGETHER?

Cha-Ching’s Family Zone aims to help get families talking about money and finance. Through 14 different real life activities, linked to the Cha-Ching videos families can discuss and experience the concepts of Earn, Save, Spend and Donate.

Activities can be enjoyed individually or be built up into a linked programme of real-life financial education in the home. Families may complete the Aspirations activity and create their own aspirations clouds, some of these aspirations could then be the motivation for completing the Family Savings Challenge.

Prudential plc is a company incorporated and with its principal place of business in England, and its affiliated companies constitute one of the world's leading financial services groups. It provides insurance and financial services directly and through its subsidiaries and affiliates throughout the world. It has been in existence for over 168 years and has £599 billion in assets under management (as at 31 December 2016). Prudential plc is not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America.

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