10-11 year olds were welcomed by a special visitor to their classroom at Alverton Community Primary School in Northallerton last Friday. Rt Hon Rishi Sunak, MP for Richmond Yorks, joined the year six class in his constituency for MyBnk’s flagship primary ‘Money Twist’ programme, supported by The Centre for Financial Capability.
He witnessed first-hand how MyBnk’s Money Twist programme works; building positive money mindsets from an early age and improving the financial understanding of future generations. This programme helps children to become informed consumers, savvy savers and mindful spenders, by making finance fun.
Rishi Sunak with year 6 pupils, MyBnk Trainer Peter Atkinson, class teacher Mrs Alexanders and Mark Newby from TCFC
The visit took place during Global Money Week, a global awareness raising campaign aimed at improving the financial capability of the next generation. This year’s theme, ‘build your future, be smart about money”, ran through the ‘My Future’ session – the final of three expert-led sessions delivered to the class over a six-week period.
Mr Sunak watched pupils get to grips with the importance of building positive money habits early in life to build stronger saving habits for the future. Children learn about the importance of setting saving goals, having a bank account and about key financial concepts, such as interest rates and risks. Mr Sunak also gave a short introduction to the Treasury, explained what his role as Chancellor of the Exchequer entails and took some questions from the class.
Read more in The Yorkshire Post.
Throughout Global Money Week, MyBnk delivered money workshops to almost 1200 young people in partnership with 16 schools and youth organisations throughout the UK and created new free resources for schools and teachers. We also hosted daily Instagram Lives for 16-25 year olds on investing, budgeting, debt and pensions, in partnership with financial experts including Financial Adviser and TV presenter Emmanuel Asuquo.
