Teaching the difference between need and want.
Debt is an integral part of the finances of most households but, as many people are now finding to their cost, managing debt is no easy task. How can we ensure that the younger generation is well equipped听to cope with their personal finances? A new 拢11.5 million government initiative is being launched today which will bring financial education to schoolchildren from the age of four right through to 19. Jane听talks to Wendy van den Hende, the Chief executive of the Personal Finance Education Group, which has helped design the scheme, and to Samantha Callan of the听Centre for Social Justice about how financial education should be delivered to children.
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