Yorkshire Building Society Launches Key Stage 1 Digital Financial Education Lessons

Yorkshire Building Society has launched two digital lessons from its financial education programme Money Minds, to support parents of Key Stage 1 pupils through the coronavirus pandemic.

Money Minds is a free programme consisting of a series of activities and projects designed to promote discussion and learning amongst children and young people and is usually delivered in schools by colleagues from the Society.

Due to current government guidance and the closure of schools, the Society has launched two new digital Money Minds lessons on the topics of ‘Keeping Money Safe’ and ‘Wants and Needs’. The 25-minute lessons are presented by colleagues from the Society.

Money Minds – Keeping Money Safe – Key Stage 1 Financial Education Digital Lesson

The Keeping Money Safe Key Stage 1 lesson is aimed at children aged 5-7 and teaches money related vocabulary and how and why people keep money safe.

Money Minds – Wants and Needs – Key Stage 1 Financial Education Digital Lesson

The Wants and Needs Key Stage 1 lesson is aimed at children aged 5-7 and teaches the differences between what they want versus what they need and looking at how to prioritise.

Bryony Padgett-Jones, Business Development Manager at Yorkshire Building Society filmed the ‘Wants and Needs’ lesson while working from home. She said:

I’ve delivered numerous Money Minds lessons for the Yorkshire to both primary and secondary school pupils in the past and know from experience how well received these sessions are. When I heard about this opportunity to deliver them digitally there was no hesitation.

It’s no secret that life’s been tougher lately for parents and guardians as children have no longer been able to attend schools and I hope that these Money Minds lessons will make their lives a little easier by having some quality ‘go to’ content available to use.

The Society hopes to add more lessons for the remaining Key Stages over the coming weeks and months on further topics ranging from planning a party and learning budgeting skills for children aged eight to 11, up to calculating interest and responsibilities to repay loans for older children.

Louise Neill, Community Manager at Yorkshire Building Society has developed the financial education lessons. She said:

Learning how to effectively manage finances is a vital life skill. We’re committed to supporting children and young people in teaching financial education through our Money Minds programme and we are adapting the way we do that throughout the coronavirus outbreak and hope it will help to improve financial capability in the UK.

More than 25,000 pupils across the UK have now received a Money Minds lesson since the programme launched in 2015.

When children have completed the lesson their parents or guardians can e-mail community@ybs.co.uk with the subject title of the lesson they completed and they will be receive a certificate.

For more information about Money Minds please visit www.ybs.co.uk/your-society/money-minds 

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