Ormesby School students are savvy spenders

September 23rd 2014

In July 2014, 132- Y9 and Y10 students were all given a 100 minutes lesson on personal finance for KS3 and KS4 learners

The lesson; Money Twist -My Choices looks at attitudes towards money, prioritising needs and wants and saving for the future.

Ormesby School welcomed new MyBnk Education Officers Amy Baker and Matt Dobson – the day went down a storm and feedback from the young people proved they thought the day was effective, fun and will be helpful for their futures.

Emma, 14 said:

“I really liked MyBnk because I learnt a lot and now I can keep these skills for the future”

At the end of the sessions the students were asked to feedback on how they thought the session has improved their understanding, knowledge and confidence. Here’s how they scored…

  • 98% of students reported a better understanding of risks associated with long term saving options
  • 96% of students reported a better understanding of how to prioritise their needs and wants effectively
  • 92% of students reported a better understanding of how to use a budget and make effective use of their money
  • 85% reported a higher confidence in choosing appropriate insurance products.

Jake, 13 said:

“I think they are good at teaching people about prioritising needs and wants. Also I have learnt quite a lot about saving money and the activities were really good”

“I really enjoyed the workshop. At first when I heard we were doing about finance and choices, I thought it would be boring but MyBnk made it a lot more fun. The worksheets were easy to understand and the trainers were really helpful. I hope to do something with these again”

Commented Brooklyn aged 14