Money Matters - Teaching our Youngsters the Value of Money

In South Derbyshire we know the importance of knowing about money and promoting practical financial education for our children.

The Secretary of State for Culture, Media and Sport has recently talked about his upbringing and how the lessons his father gave him about the value of money have stayed with him as a man.

If we want our children to grow up free of the burden of debt and having the options open to them that a good credit score allows them to have, we need to make sure they know at least the very basics of managing money.

It is a simple fact that you cannot spend what you do not have, and this is something that we need to highlight the importance of to our young people.

The schools in South Derbyshire are doing a great job at incorporating this into their lessons but as Sajid says, it was his father’s words that have stayed with him the longest.