The Leeds United Foundation and club partner TransUnion will continue to deliver free workshops to young students about the importance of financial health through 2022.
The Secondary Education team within the club’s official charity offer a range of different workshops for students on a number of important subjects, often not covered through regular school curriculum, and the main aim of the partnership with TransUnion is to help educate young people on the importance of credit scores and finance handling.
This course of workshops, delivered for pupils aged between 13 and 18, covers specific aspects of managing money and the role credit information plays in day-to-day life, with lessons aligning to financial education frameworks.
One of the teachers from a participating High School commented after receiving one of the workshops, they said: “The students found the session to be enlightening, engaging and informative. As a college we appreciate the support and insight that private organisations such as TransUnion can provide to help us equip our students for their futures.”
Research from TransUnion confirms the need to combat a lack of wider financial awareness amongst teenagers. One in seven young people (14%) lack confidence in basic money skills, only a third feel confident they can stick to a budget (36%) and just a tenth (9%) are comfortable keeping up repayments on money loaned. Whilst the majority look to their parents for money advice, lessons at school and banks are the next most important sources of this information.
For TransUnion’s e-book explaining credit reports and scores click here or to find out more about the Leeds United Foundation, please visit the website.
If you would like to learn more about the FREE educational workshops available to Secondary Schools and Colleges, please contact [email protected].