My Money

What is the My Money project?

y Money residential

The My Money project has been set up to help schools teach their pupils about how to look after their money when they are growing up and after they leave school and become an adult. This will be taught through Personal, Social, Health and Economic (PSHE) education in schools.

The sort of things that the My Money project will help schools teach children and young people are:

How to spend money wisely
How and why to save money what we can do to avoid getting into debt
How to manage a home including how and why we pay bills and taxes
How to take care of a family
About careers and what becoming ‘employable’ means
Why being rich won’t necessarily make you happy

Who is running the project?

The project is being run jointly by a group of organisations. These are:

The PSHE Association – an organisation which helps teachers and other people working in PSHE to give children and young people good PSHE lessons.
EDComms – specialists in educational communication
Personal Finance Education Group - an educational charity who aim to make sure that all young people leaving school have the confidence, skills and knowledge in financial matters to take part fully in society.
National Children’s Bureau (NCB) – an organisation which works to improve the well-being of all children and young people in England across all areas of their lives.
Young NCB – which is part of NCB and gives children and young people the opportunities to speak out and take action on issues that affect them. The My Money Young Advisers Group will be run by Young NCB.

The money to run the project was given to the organisations by the Department for Children, Schools and Families. This is the government department whose job it is to make England the best place in the world for children and young people to grow up.

Resources

The My Money Young Advisers have produced this information and guidance to tell you more about personal finance education. This include advice on saving, paying for college or university managing money in your job and information about the different types of bank accounts you can get as well as much more!

Please click on the link below.

MINTED [PDF 1.89 MB]

My Money Young Advisers

My Money Residential There are currently twelve young advisers to the project who play a very important role in designing and carrying out the My Money project. They do this at residential meetings giving their ideas to help guide the work of the project. They have also completed a media training course to be able to act as media spokespeople for the project.

For more information on My Money or the Young Advisers Board, please contact the Young NCB Coordinator, Nick Snow on 020 7843 6099.

Reports

My Money Young Advisers Residential: 13-14 September 2008 [DOC 1.3MB]

Met with other members of the group and developed your personal and team skills
Met with two members of My Money project staff
Gained an understanding of the My Money project and your role as advisers
Learnt more about the topic area of financial capability
Developed your communication skills
Gave your views on the how what ‘My Money’ Week should be like and how we should let people know about it

Young Advisers Residential Report June 09 2009 [PDF 771KB]

Developed the skills required to act as media spokespeople for the My Money Project
Met with members of the adult project board
Evaluated your experiences of being a My Money Young Adviser so far and talked about what you would like to do in the future
Tested the My Money online game and gave feedback to the creators of the game

My Money Young Advisers Residential report September 2009 [PDF 869KB]

Got to know members of the group that you had not met before
Developed presentation and public speaking skills to help you in your role as ambassadors for the My Money Project
Put together your ideas for a presentation/class or assembly talk in school to get them involved in My Money
Put together your ideas for the presentation at the My Money Forum meeting on 14th October

My Money Young Advisors Residential report December 2009 [DOC 627KB]

Got to know members of the group that you had not met before
Developed ideas and plans for My Money activity for 2010
Had training on how to use your Flip camera and how to develop short film ideas
Developed a brief for your mini media project

My Money Young Advisors Residential report May 2010 [DOC 305KB]

Developed skills to become Agony Aunts and Uncles for My Money Week 2010
Worked with Blu Rubicon to put together news stories about My Money for local newspapers
Produced your personal profiles for My Money Online!

My Money Young Advisors Residential report October 2010 [PDF 477KB]

Learnt all about campaigning - from developing your campaigning skills to putting together your ideas for our own My Money campaign!
Recapped everything that you have done as a My Money Young Adviser since the beginning of the project, and all the skills you have learnt
Produced your own case study ideas for a My Money YA resource
Came up with ideas for a My Money Week 2011 competition!