“It has been another remarkable year as financial education lessons became embedded in England’s National Curriculum for the first time.
We armed 32,000 young people with practical skills, brought 400 enterprise ideas from drawing board to market place, and helped 2,244 vulnerable young adults move into independent living and deal with debt.
MyBnk’s impact was recognised as The Money Advice Service gave our flagship programme, Money Twist, the highest effectiveness rating of any financial capability project for young people in the UK.
Thanks to our expert-led workshops, there was a 37% increase in students understanding of tax, insurance, credit, interest rates and the impact of inflation. We also saw a 18% rise in positive attitudes towards money and a 23% jump in skills. Teachers also recognised the benefit of outside help, with 78% rating our content as very valuable.
We expanded West to Devon, trained organisations from France and Turkey to deliver our programmes in Africa and Asia, and won the Leaving Care Award from Children & Young People Now magazine.
MyBnk has a fantastically full year ahead, including our very first project on the south coast of England. We thank and look forward to welcoming young people, new partners and supporters on this journey.”
See the full Annual Review, here.
