Property News · November 11, 2017

Schools ignore personal finance lessons and fail Generation Debt


A study reveals a ticking time bomb of soaring debt among teenagers. But learning how to handle cash has stalledYoung people are under intense pressure to take out store cards and rack up debt to buy gadgets and appear rich, according to teachers who took part in an in-depth study into what youngsters understand about finance.The study, The Ticking Time Bomb of Generation Debt, also found that education about money has stalled, with many secondary schools side-stepping changes introduced to the national curriculum in 2014. It was commissioned by Young Money, formerly the Personal Finance Education Group. Continue reading…

Source : theguardian.com
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