Now, more than ever, having the knowledge and skills to manage your personal finances is crucial. MoneySense for Schools is an RBS education programme designed to help schools deliver the financial capability curriculum guidelines, and to give students the opportunity to develop their money management skills. RBS wanted to capture young peoples’ attitudes towards money and debt, spending behaviour and knowledge of the recession. They also wanted to understand whether MoneySense for Schools was having an impact on the attitudes and behaviours that young people have towards money.
RBS commissioned EdComs Research to conduct a five year tracking study of young people. The largest survey of its kind, the annual quantitative online survey is completed by around 8,500–10,000 young people in schools and colleges in the UK and the Republic of Ireland. The quantitative data was enhanced by qualitative discussions with young people and the findings are used to develop the MoneySense for Schools programme.
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