From September 2020, many aspects of PSHE will become statutory parts of the curriculum in schools, including health education and relationships education. But what has happened to the “E” element of PSHE – economic education?
We read reports on a seemingly daily basis of the massive, unprecedented debt crises our country is experiencing. According to The Money Charity, in June 2018, the average UK household debt (including mortgages) was £58,540. Across the UK, people owed nearly £1.6 trillion, up from £1.55 trillion the previous year.
Yet there is no evidence that the financial education of the public at large, and certainly young people, is a priority for successive governments. If financial education is not being provided in the home (because parents and carers do not necessarily have the level of understanding to do this), what chance do we have at resolving this problem in the future without education in schools?
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