Add a competitive element to maths
MANAGING your money is a fundamental life skill. This is why we introduced financial education to the national curriculum.
To complement teaching in lessons, I am keen to promote projects that help young people make the most of their money; and I think the Money for Life Challenge is excellent.
This is a national competition aimed at teaching 16 to 24-year-olds how to manage their money more effectively. It has been created by Lloyds Banking Group, and provides £500 grants to help teams of up to 10 members develop innovative money management projects that help promote financial education in their community.
Last year, 300 teams won grants to help them develop their money management strategy, and the winning team gave £3,500 to a charity of their choice.
While helping to give inside knowledge in the vital field of financial management, the competition also provides a great opportunity to develop teamwork, communication, leadership and project management skills, all of which stand out on a UCAS application or a CV.
The competition is now in its fourth year and is open to any 16 to 24-year-olds in further education, work-based learning, adult community learning or a training organisation. The closing date for applications is Friday, November 21.
You can find more information at www.moneyforlifechallenge.org.uk.
I highly recommend the competition to all young people and I will be following the competition closely. I wish all teams applying the best of luck, and please do send me an email if you do apply: firstname.lastname@example.org
NICK HURD MP Ruislip, Northwood and Pinner
House of Commons, London