Foyle MP Mark Durkan is encouraging schools in Derry to boost young people’s understanding of money management and personal finance.
The move comes ahead of ‘My Money Week’ (June 9 to 15), run by financial education charity pfeg (Personal Finance Education Group) which is offering teachers in Derry and throughout Northern Ireland free online resources, advice and training to help plan their activities.
Mr Durkan, who is a member of the All Party Parliamentary Group (APPG) on Financial Education for Young People, has long championed the cause in Westminster and is also campaigning for compulsory financial education in schools.
He said: “It is vital that we equip the next generation with the understanding to be able to make informed financial decisions.
“Only through teaching young people about personal finance can we provide them with the knowledge they need in a complex financial climate.
“I hope that through working together we will be able to help our young people better understand the difficult choices that they will need to make.”
Tracey Bleakley, chief executive of pfeg, said: “Mark Durkan is absolutely right to call for all local schools to take part in ‘My Money Week’, which is a terrific opportunity to help pupils learn more about money in a fun and engaging way. We are delighted to have his support for what we hope will be an even bigger My Money Week in Northern Ireland this year.”
In 2013, ‘My Money Week’ reached approximately 1.3 million young people in more than 4,500 schools and other settings across Scotland, Wales and Northern Ireland.
Schools and other organisations that work with young people in Northern Ireland can find out more about ‘My Money Week’ at www.pfeg.org/mymoneyweek