Is enough being done to educate young people about finances
In the UK, financial education doesn’t have an established presence in schools or colleges, despite London itself being the second largest financial centre in the world. As young people consider themselves the least confident and knowledgeable about financial matters, who is going to bridge this knowledge gap? Here we look at what financial education is being delivered in schools and how financial advisers help promote it.
Children lack the financial vocabulary to even understand what’s important to them and this is not me being patronising, it’s the same thing as if somebody’s used to listening to classic music their whole life and suddenly, they get interested in punk rock.