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Society announces launch of new financial education programme for schools in Suffolk

Added: 17 September 2014

Ipswich Building Society announces launch of new
financial education programme for schools in Suffolk

financial education web

Ipswich Building Society has announced plans to launch a new financial education programme for Suffolk schools in November, focused on children in year 10. This will help to educate children through activities and scenario planning and include working out their bank balances and pulling together budgets. It will be run by the Society's newly appointed Financial Education Assistant, Stacey Bunn, who has been with the Society for five years working as a Customer Adviser helping to deliver financial education to primary schools and HMP Highpoint.

The programme has been developed in collaboration with The Mix, an organization that specializes in helping those working on youth projects to promote engagement, and deliver skills and confidence in young people.

Paul Winter, Chief Executive of Ipswich Building Society, says: "We need to help prepare young people to live independently, to provide them with a clear picture of the cost of living and how the choices they make will affect their income and expenditure. Programmes like this are vital for ensuring future generations are well equipped to manage their money; and we're proud to be leading the way with this activity in Suffolk."

This initiative comes as part of the Society's goal to be a leading responsible business. The Society was recently shortlisted for BITCs "Responsible Small Business of the Year". Key focus areas for Ipswich over the past year have included increasing levels of financial literacy for primary school children through the Money Days school programme and free app "My Puppy: Maths and Money" - as well as tackling levels of homelessness in the East of England, working with charity partners to challenge preconceptions and raise awareness of the issue.

Your home may be repossessed if you do not keep up repayments on your mortgage.