youthmoney

Good that Nick Clegg, lib dem leader, chose to focus on helping young people with financial literacy.
Sadly, his speech to a youth parliament earlier this week was far too heavy on the maths. “Financial literacy must become a comprehensive part of the maths curriculum,” he said.
He’s simply wrong. Maths lessons are the wrong place for [...]

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Libby Purves is calling for facts. Financial facts. That’s in today’s Times. She pleads for more arithmetic in schools, and, in particular, a greater understanding of the workings of compound interest.
Fine. Who among us would argue against more sums?
But there is something selective & simplistic, even naïve, about her analysis. And it is not just the [...]

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The Times previews the money education anouncement expected this week. With Ed Balls, newly appointed secretary of state for Children, Schools and Families, being such a finance & economics prodigy, the long-overdue move should be well handled. Well, fingers crossed.
Opposition leaders don’t seem to have quite got the root of the problem. Michael Gove thinks the best [...]

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