UK Savings Week – financial education in the local community
Posted on 13th September 24
During UK Savings Week the Society has been working with Three Ways, a local Community Special School providing special educational support for over 200 children with a wide range of special educational needs.
UK Savings Week is all about raising awareness of the benefits of savings and encouraging better savings habits, leading to greater financial resilience in households across the country. Branch colleagues attended the Threeways workshop alongside WizeUp to host more practical sessions including, saving, looking after your money and a step by step guide to opening a savings account.
The Society has partnered with financial education provider WizeUp for over five years, delivering financial education workshops to ten local schools and sixth forms, with over 2,500 students benefiting from the programme each year.
The Society’s Chief Customer Officer, Emma Davis, said:
“We are passionate about supporting the financial resilience of our Members and the local community – delivering financial education to our young people is a key part of this. With the cost-of-living crisis, it has never been more important to help young people gain a better understanding of how to manage their money and avoid debt, while also improving life skills and employability.
WizeUp has an excellent reputation in delivering these specialist workshops and our partner schools feedback the positive impact the sessions have on the financial literacy of students. Schools need more support to deliver financial education which isn’t currently adequately provided through the national curriculum, and we are looking to build on our strong education links in the coming year to involve colleagues in the WizeUp sessions – to share our own experience and expertise.”
The content of the Bath Building Society Financial Education workshops can be tailored to individual needs with topics previously covered including borrowing, saving and budgeting as students prepare for life beyond school, be that going to University or working life. The financial education programme has also covered separate sessions for parents designed to help them navigate University finance and provide guidance for students preparing to leave home for the first time. Anyone looking for further information about the Financial Education workshops and how to get your school involved can contact us to find out more.
