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Great shame that the Financial Capability Award section of this year’s Children & Young People Now Awards went to a building society. Nothing against the Nationwide, or its Nationwide Education website. No doubt some teachers find it useful. But it would have been a lot more cheering to see the award going to a group doing some [...] What will young people want to know about today’s surprise Supreme Court ruling? UK banks have won their argument that overdraft fees on personal bank accounts cannot be assessed for fairness by the Office of Fair Trading. So what’s the impact on young people? For those who never spend more money than they have, it [...] A young person gets a cheque. Great. That’s money – available and good to go. Er, no. One of the complicated bits of keeping track of finances is understanding the cheque-clearing system operated by the banks. To be honest, understanding it is perhaps a bit ambitious. But it is well worth knowing when a cheque [...] |
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