Personal Finance Required for U.K. Schools in 2014

Personal Finance Required for U.K. Schools in 2014

Feb 13, 2013

PICTURES OF THE QUEEN: Starting in September 2014, British students will join their Welsh, Scottish, and Irish counterparts in learning personal finance during the school day. The Telegraph reports that a financial literacy curriculum is included in a draft of the next National Curriculum, and will be handed off to schools later this year. The draft language, found on pg. 149 of this epic page-turner, requires that students are "equipped with the financial skills to enable them to manage their money on a day-to-day basis as well as to plan for future financial needs." In patriotic fashion -- and perhaps a result of the bipartisan support for financial literacy -- the new standards are folded into the 'Citizenship' curriculum. Yes, in addition to understanding the "precious liberties enjoyed by the citizens of the United Kingdom," one should also avoid bad debt.

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