Headteachers welcome move to teach financial literacy in schools


The Leaf Studio Academy in Bournemouth specialises in sport and the performing arts and is also already teaching financial literacy.

Head of School Tim Clark said it’s an essential part of what young people need to survive in the modern world: “They do subjects like what is credit, good credit, bad credit, scams, particularly online scams because obviously that’s something that’s prevalent a lot at the moment and they don’t always understand that.

“They do sessions on mortgages and tax and that is always very enlightening as they realise how much they lose in the long run.

“If we don’t teach them those things, we’re doing them an absolute disservice because they are not going to be equipped to survive and to thrive when they leave school, no matter how good their grades are,” he said.


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