FINANCIAL EDUCATION
PROGRAMMES AND SERVICES 2022-23
WELCOME
TO OUR VERY FIRST FINANCIAL EDUCATION THEMED E-BROCHURE! This e-brochure contains a wide range of programmes and services that can be used to support financial education all year round.
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YOUNG ENTERPRISE SCOTLAND • FINANCIAL EDUCATION PROGRAMMES AND SERVICES 2022-23
YOUNG ENTERPRISE SCOTLAND WELCOME
Why teach financial education? We could go into the research that highlights the importance of starting to develop money habits by the age of 7, or the fact that young people who feel financially capable have increased happiness and wellbeing in later life. We could even spend a great deal of your time talking about the fact that from now until January 2029 nearly every young person turning 18 will gain access to their Child Trust Fund, estimated to be an average of £1,000, and may not have developed the knowledge, skills or attitudes required to use that money effectively.
In this e-brochure you will find a range of programmes and services that complement each of these tiers. It is entirely up to you which you use, and how many you connect together, to help develop your financial education provision. We hope you find the contents of this e-brochure helpful in advancing financial education in your school. We are always keen to hear how you and your young people are getting on, so please do let us know via our social media:
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But instead of all that, just take a moment to think about the last time you spent a day without paying a thought to money. Not checking your account, making a payment, even just browsing for products (that of course all have a cost). It’s pretty difficult, right? So, if money is something that our young people will have to make decisions about on a daily basis shouldn’t we be preparing all of them for that future?
youtube.com/youngenterprisescotland linkedin.com/company/young-enterprise-scotland
How can we help? There are no two young people that are exactly the same. We understand that you know the young people you work with the best so should be ones to decide how to engage them. Because of this we have developed programmes and services that provide three tiers of support:
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In-school programmes
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Professional development opportunities
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High quality tools and resources
If there’s anything more you’d like to know, you can always get in touch with our Financial Education Team – experts in delivering financial education ready to answer your questions (no matter how big or small).
Working directly with teachers and young people in-school, supporting a whole school approach to financial education
Training and peer networking has been proven to help teachers tailor provision to meet young people’s needs most effectively
If you’ve got high quality resources, we know you can do amazing things
You can email us at
admin@yes.org.uk.
We look forward to hearing about your success!
YOUNG ENTERPRISE SCOTLAND • FINANCIAL EDUCATION PROGRAMMES AND SERVICES 2022-23
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(Ages 4-19) My Money Week is a national activity week that provides a fantastic opportunity for young people to gain individual skills, knowledge and confidence in money matters. These are essential life skills that will help them to thrive in society.
What’s in it for young people? • Development of financial knowledge, skills and attitudes
Each year, we develop a wide range of new teaching resources, tools and support material appropriate for all ages. Sign up for a free My Money Week account and you can access all the resources dating back to 2014. We’ll also inform you when new resources are available.
• Real and relevant contexts for subject learning
You can use My Money Week resources all year round, but it would be great for you and your young people to get involved during the week itself too – 12 -16 June 2023.
What’s in it for you and your school?
The resources are flexible and adaptable to fit the needs of your setting and your students, including providing opportunities for both in-person and remote learning.
“We love doing My Money Week and it is always a highlight - so we didn’t want to miss out just because the world is in such a different place! Financial understanding is a crucial part of life - and very important for our 7-11 year olds.”
• Builds confidence and independent living skills • A fun way of introducing money-related learning
• Suitable for all ages – 4-19 years • Supports subject delivery across a broad range of areas, including Health and Wellbeing, Maths and Citizenship • Develops the financial capability of young people and supports the UK National Strategy for Financial Wellbeing
Educator, My Money Week 2020
FIND OUT MORE HERE...
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YOUNG ENTERPRISE SCOTLAND • FINANCIAL EDUCATION PROGRAMMES AND SERVICES 2022-23
YOUNG ENTERPRISE SCOTLAND MY MONEY WEEK
99% of teachers
have said that their students showed an increase in knowledge and skills as a result of using our My Money Week resources. Young Enterprise, 2020
YOUNG ENTERPRISE SCOTLAND • FINANCIAL EDUCATION PROGRAMMES AND SERVICES 2022-23
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89% of parents think it’s important for their child to learn about money both at home and at school Survey by Censuswide, 1001 Parents with children aged 5 – 20, 14.10.2020 - 19.10.2020 Censuswide abides by and employs members of the Market Research Society which is based on the ESOMAR principles.
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YOUNG ENTERPRISE SCOTLAND • FINANCIAL EDUCATION PROGRAMMES AND SERVICES 2022-23
YOUNG ENTERPRISE SCOTLAND MONEY HEROES
(Ages 3 – 11)
Money Heroes seeks to transform financial education for children aged 3 – 11, in school and at home.
What’s in it for children?
Recognising that parents and teachers are key influencers in a child’s development, the programme has been designed to enable a collaborative, childcentred approach to teaching financial education, both at home and in the classroom.
• Development of financial capability skills and knowledge in decision making about money
A range of high-quality resources, tools and guidance for parents and teachers, hosted on a bespoke online platform, ensures that children have the opportunity to develop their knowledge and skills across the core themes from the Primary Planning Framework.
• Bringing learning to life with exciting and engaging activities and storybooks
• Real and relevant topics that empower lifelong skills and healthy money management habits
What’s in it for you and your school?
As children work their way through the various activities and develop their knowledge, progress can be tracked on the platform so teachers and parents can see their development.
• Open access to an online platform for all teachers and parents with free, up to date, high quality tools, guidance and Hero Assets
A recent poll of 1,000 parents showed us
• Teachers and parents collaborate to deliver and track progression of children on the platform
• 90% believe learning about money is important for their child’s future • 70% would like more opportunities to get involved in their child’s education
FIND OUT MORE AND REGISTER... LISTEN TO THE MONEY HEROES PODCASTS... YOUNG ENTERPRISE SCOTLAND • FINANCIAL EDUCATION PROGRAMMES AND SERVICES 2022-23
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(Ages 5-11)
&
The Fiver and 10X Challenges are projectbased activities that challenge children and young people to come up with a business idea that they could start with either £5 or £10. Participants plan out their idea, create a logo and brand, and ultimately run their enterprise for four weeks.
(Ages 11 – 18)
What’s in it for young people? • Opportunity to apply a range of subject learning in a relevant context – Maths, English, IT, Art… and far more
Students are encouraged to think ethically and sustainably and have the opportunity to create business ideas which make a positive contribution to society. Through 10X, secondary students will also consider the topics of long-term savings and investment.
• Develop essential skills required for future life and work
Also available for 2022/23 are Fiver and 10X from Home which offer flexibility for delivery whether your students are in school or learning remotely.
• Opportunity to develop skills and mindset that support a positive approach
During the challenges we run a number of weekly competitions that are open to all participants, as well as the opportunity to submit an entry to our national competition at the end of the challenge.
“It puts the Business Education learning they have received into a real-life context, in addition to providing them with skills for Learning, Life and Work.”
• Understand the important role money plays in business and in our everyday lives
What’s in it for you and your school? • Suitable for P1 - P7 (Fiver) or S1-6 (10X) • Flexibility to run the programme in-school or remotely • Dedicated online platforms hosting all of the resources and materials you need • Drives positive attitudes to learning, life and work
Educator, 10X 2020
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WATCH THE FIVER FROM HOME 2020 SHOWCASE HERE...
WATCH THE 10X CHALLENGE SHOWCASE HERE...
FIND OUT MORE ABOUT THE FIVER CHALLENGE HERE...
FIND OUT MORE ABOUT THE 10X CHALLENGE HERE...
YOUNG ENTERPRISE SCOTLAND • FINANCIAL EDUCATION PROGRAMMES AND SERVICES 2022-23
YOUNG ENTERPRISE SCOTLAND FIVER AND 10X CHALLENGES
&
FIVER 10XCHALLENGES “The Fiver Challenge has been a fantastic initiative – the children have worked collaboratively and organised themselves superbly. They all broke even or made lots of profit! A fantastic initiative which we will take part in again next year.” Teacher, Fiver 2020
YOUNG ENTERPRISE SCOTLAND • FINANCIAL EDUCATION PROGRAMMES AND SERVICES 2022-23
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SCOTLAND’S FINANCIAL SCHOOLS
At Scotland’s Financial Scho to supporting financial educ We are committed to p practitioners will need to education journey and sup young people to develop life, learning and work.
CLPL OPPORTUNITIES
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engaging. This ensures practitioners have the knowledge, tools and resources to support children and young people to develop these essential financial skills.
“I feel really inspired now to drive this forward within my school. Thank you for such a fantastic, enlightening session.” - Secondary Teacher 2022 10
YOUNG ENTERPRISE SCOTLAND • FINANCIAL EDUCATION PROGRAMMES AND SERVICES 2022-23
YOUNG ENTERPRISE SCOTLAND SCOTLAND’S FINANCIAL SCHOOLS
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ALITY TOOLS ESOURCES
INTERESTING PRACTICE
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be able to highlight and share the fantastic work happening across Scotland to develop financial skills.
“Great ideas for using across all curricular areas. Great resources, thank you for a really informative session.” - Primary Teacher 2021 YOUNG ENTERPRISE SCOTLAND • FINANCIAL EDUCATION PROGRAMMES AND SERVICES 2022-23
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High Quality
TOOLS AND RESOURCES If you are working to improve young people’s financial skills, high quality tools and resources are a great place to start.
Your Money Matters FINANCIAL EDUCATION TEXTBOOK
Back in April 2021 we delivered 75 copies of the Your Money Matters textbooks into all Scottish secondary schools. These provide a concrete resource to support schools with developing skills in budgeting, saving, borrowing and moving into the world of work.
My Money Talks Our My Money Talks workshops have been designed to run during the course of an academic year to support pupils in S6. These workshops encourage young people across Scotland to have a positive relationship with money.
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YOUNG ENTERPRISE SCOTLAND • FINANCIAL EDUCATION PROGRAMMES AND SERVICES 2022-23
YOUNG ENTERPRISE SCOTLAND TEACHER SUPPORT
What Can We Offer At Scotland’s Financial Schools we offer grab and go lesson plans that are fully adaptable, a reflection tool to identify areas of strength and areas for development and a pocket guide to financial education which highlights where financial education sits across Curriculum for Excellence. Our Scottish Progression Pathway gives a clear and coherent framework from early to fourth level. This supports the planning, teaching and progression of financial education by identifying what is relevant for each level. Look our for our new IDL projects coming soon this year.
Updated digital version of YMM You’ll appreciate there is certain financial information that changes quite frequently, and because of this we have updated the digital version of Your Money Matters to ensure it is fully up to date. These are only relatively minor amendments, but it means you can now see the very latest personal allowance figures, or what the latest tax bands are. Alongside the update, we have also developed a PowerPoint version of the Your Money Matter textbook that enables you to cut and paste activities, questions, and ‘Did You Know’ facts. Hopefully this provides a greater level of flexibility of the Your Money Matters textbook and enables even more creative uses!
EXPLORE THE TOOLS AND RESOURCES AVAILABLE...
89% of surveyed teachers agreed the textbook would increase the quality of financial education. Young Enterprise, 2020 DOWNLOAD YOUR COPY HERE...
What is in it for Young People?
What’s in it for your school?
• Suitable for students in S6 • Develop essential skills required for life, learning and work • We believe that students will learn these essential money skills to last throughout their adult lives • Engaging with a Programme Executive from Young Enterprise Scotland
• Up to 120 pupils can participate in each school, with a recommendation of no more than 30 pupils per session for most impact from the programme. • Flexibility to run the programme within the timetable, or as an extra-curricular project • Drives positive attitudes to learning, life, work & finances
ENQUIRE NOW...
YOUNG ENTERPRISE SCOTLAND • FINANCIAL EDUCATION PROGRAMMES AND SERVICES 2022-23
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Self Directed E-learning Modules
FOR FINANCIAL EDUCATION
Scotland’s Financial Schools online training course is a five module programme which has been designed and created to build the confidence of practitioners through self-directed independent learning.
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YOUNG ENTERPRISE SCOTLAND • FINANCIAL EDUCATION PROGRAMMES AND SERVICES 2022-23
YOUNG ENTERPRISE SCOTLAND ONLINE TEACHER TRAINING FOR FINANCIAL EDUCATION
GET IN TOUCH Teachers trained in financial education have been proven to make a greater impact on student outcomes and are better equipped to tailor delivery to the specific needs of their young people and their school.
Got a question or need support? We are incredibly passionate about supporting practitioners in any way we can whether that is developing individual skills, guiding a focus group or supporting whole school improvement.
Our e-learning modules are free to all practitioners from early years through to senior phase. They can be completed at your own pace at a time that suits you.
If you have any questions regarding the E-learning modules or financial education in general, please reach out and get in touch. Our schools team are here to help.
They will help you build the knowledge and confidence to deliver effective, relevant and age-appropriate financial education through:
Amongst other things, we can offer: • Support for teachers new to financial or enterprise education
What’s in it for teachers?
• Staff support and training if you wish to drive financial education and enterprise forward as a whole school approach
• Explores what financial education is and how it can be delivered through a cross curricular and interdisciplinary approach
• Advice on accessing resources and additional YMM textbooks
• Increases awareness of why financial education is so essential to developing skills for life, learning and work
• Information and support for Fiver and 10X Challenges
“I am so, so grateful to you for all this information, and the time it must have taken you to put it together. Thank you. It is so helpful and gives me some fantastic leads to follow, websites to research, great advice and most importantly some positive encouragement!”
• Identify what tools and resources are currently available to help support classroom practice • Provides opportunities for self-reflection and offers support and guidance on creating an individual or whole school action plan
“I have learned why teaching financial education is essential and that is prepares our children and young people with the skills for life, learning and work.” Primary Teacher, 2021
All of this is free to you. Just give us a call or send us an email. We look forward to hearing from you.
admin@yes.org.uk
ACCESS THE E-LEARNING...
YOUNG ENTERPRISE SCOTLAND • FINANCIAL EDUCATION PROGRAMMES AND SERVICES 2022-23
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GET INVOLVED LET US WORK WITH YOU TO CHANGE THE LIVES OF MORE YOUNG PEOPLE Young Enterprise Scotland is a national charity that supports young people to successfully earn and manage money. We have the ambition, knowledge and vision to reach thousands of young people over the next two years, but we can’t do it alone. As an independent charity, we rely on working in partnership with schools, local volunteers and our supporters. We want to work collaboratively with you and your schools to run programmes which meet your needs and to ensure the successful development of your young people. We want to partner with more teachers, educators, volunteers and businesses to make this happen. Join us in our mission to increase social mobility and give the next generation the enterprising mindset, skills and confidence to start their working life with the attitude and ambition to succeed.
To find out more about our programmes visit www.yes.org.uk
Young Enterprise Scotland Rouken Glen Park, Rouken Glen Road, Glasgow G46 7UG
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