KIDS AGED 5 TO GET LESSONS ON COPING WITH DEBTS !!!

[Daanyeer]

Source: http://www.mirror.co.uk/news/top-storie ... -21938228/

By Vincent Moss 3/01/2010

Pupils taught how to handle cash

Children as young as FIVE will be taught how to manage bank accounts and budget.

Under new Government plans for a personal, social, health and economic (PSHE) curriculum, all pupils aged 5-16 will receive compulsory lessons in "financial literacy".

The plan means that all pupils in England will be taught how to identify different coins and notes and how to save money.

Schools Secretary Ed Balls hopes the plan will help teens avoid the risk of plunging into debt after they leave school.

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Pupils aged 14 to 16 will get lessons on the dangers of racking up bills on credit cards and other loans with high interest rates. Mr Balls said: "It's vital that all young people leave school with a basic understanding of how to manage their money.

"It's really important we teach our children about money matters like pensions, responsible saving and effective money management.

"We need to make sure all young people have the information they need to prepare them for the complexities of today's modern world so they can give security to their families."

[zulaika]

this is great new... i wish they did this when i was in grade school.

if i was in charge of schools here, i would replace this curriculum with that tired azz useless sex education.