Cumbrian schoolchildren will be getting a helping hand with their pocket money, thanks to an exciting new initiative between the Cumberland and EVERFI from Blackbaud.
Pupils get lessons in finance
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Financial Education
In a bid to help young people build their financial confidence and learn how to manage their money from an early age, we have teamed up with international tech company, EVERFI from Blackbaud, to launch a pilot project which introduced a new mobile-first education resource entitled Vault: Understanding Money.
Vault is aimed at primary school children in years four to six and some older children with special educational needs. Assessments of children on the programme show a 35 per cent increase in their knowledge of key financial terms. Teachers report that children are better able to understand the reasoning behind financial decisions and that Vault shows young people maths can be useful in real life.
In its first year of the partnership, the project reached 738 pupils in 26 schools across our region.
We have now begun year 2 and were delighted to attend an interactive session at Inglewood Junior School in March 2024 to see the platform in action and provide some insight to the children about working in the financial services industry.
Pupils cash in on lessons in finance
Children at a Cumbrian primary school spent an afternoon learning about savings, budgeting and personal finance as part of an exciting initiative to help schools teach financial literacy.
Empowering the Future
Building Financial Literacy with EVERFI's Vault. In this case study Headteacher Bernadette Charnley tells us how she has recently been upskilling her pupils' financial literacy skills
Children taught value of money at Carlisle school
Children at a Carlisle junior school took part in fun interactive workshops to learn about the value of money.