Building society boost for financial education
PRINCIPALITY Building Society has given £50,000 to seven schools in Carmarthenshire to help provide more than 1,400 students with financial education.
The project will see money allocated evenly between Ysgol y Strade, Coedcae, Bryngwyn, Glan y Mor, St John Lloyd, Bro Myrrdin and Maes yr Gwendraeth secondary schools.
All of these schools form the Business Class Partnership programme cluster in Carmarthenshire and students will be able to achieve the London Institute of Banking & Finance (LIBF) L2 Certificate in financial capability and/or the LIBF LiFE qualification.
Lessons will include household budgeting workshops, financial planning, insurance, pensions, as well as preparing students for adulthood and the world of work.
Steve Hughes, CEO at Principality Building Society, said: “It’s more important than ever to be teaching our children and young people about finances, giving them the knowledge and skills to both appreciate money and manage it effectively as they grow up.
“We have a role to play in supporting our hardworking schools in helping to prepare children for life as adults and working life. I’m delighted we’re able to support the schools cluster in Carmarthenshire.
“Principality colleagues across Wales see helping their local schools as an important way of immersing themselves in their communities.”
Principality CEO Steve Hughes chats to Ysgol y Strade pupils.