Build­ing so­ci­ety boost for fi­nan­cial ed­u­ca­tion

Llanelli Star - - Letters -

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.”

Pic­ture: Gavin Dando

Prin­ci­pal­ity CEO Steve Hughes chats to Ys­gol y Strade pupils.

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