Llandeilo pupils get Money Sense lessons
Pupils at Ysgol Teilo Sant in Llandeilo have been taught to look after their money.
The school is the first in Carmarthenshire to offer financial literacy lessons through the medium of Welsh.
A new financial literacy initiative, Synnwyr Arian, Money Sense, was taken to the school by Carmarthenshire County Council’s Trading Standards Service.
The programme consists of a series of six one-hour lessons aimed at years five and six pupils who are sequentially taken through the "concept of money".
Pupils are initially taught about the actual source of money, focussing upon different forms of employment, and payslips etc.
Further sessions focus upon budgeting, the different methods of borrowing money, and the associated risks, finally finishing with information on consumers’ rights when purchasing faulty goods or services and how to get ‘value for money’.
Fair Trading Officer Quita Davies said: “The pupils are introduced to income, outgoings, debt, and balancing money. The course also demonstrates how difficult it can be to balance your money.
“Pupils are given a range of income amounts and outgoing amounts, which they have to allocate to different months. The challenge is to avoid going into debt in any one month and to break even at the end of the third month.”
The programme has already been completed at Ysgol Brynteg, Llanelli, following a good response from teachers and pupils to the pilot last spring in Five Roads Primary School.
Executive board member for housing and public protection Cllr Pam Palmer said: “It is an excellent scheme. It teaches children how to handle money and will also help to improve their saving habits later in life.
”I am pleased that the course is being offered in both Welsh and English.”
For further information contact Quita Davies on 01267 228672.
Financial literacy training for pupils in Wesh at Ysgol Teilo Sant, Llandeilo. Carmarthenshire County Council Fair Trading Officer Quita Davies is pictured with pupils.
Pic Jeff Connell
The school is the first in Carmarthenshire to offer financial literacy lessons through the medium of Welsh.
A new financial literacy initiative, Synnwyr Arian, Money Sense, was taken to the school by Carmarthenshire County Council’s Trading Standards Service.
The programme consists of a series of six one-hour lessons aimed at years five and six pupils who are sequentially taken through the "concept of money".
Pupils are initially taught about the actual source of money, focussing upon different forms of employment, and payslips etc.
Further sessions focus upon budgeting, the different methods of borrowing money, and the associated risks, finally finishing with information on consumers’ rights when purchasing faulty goods or services and how to get ‘value for money’.
Fair Trading Officer Quita Davies said: “The pupils are introduced to income, outgoings, debt, and balancing money. The course also demonstrates how difficult it can be to balance your money.
“Pupils are given a range of income amounts and outgoing amounts, which they have to allocate to different months. The challenge is to avoid going into debt in any one month and to break even at the end of the third month.”
The programme has already been completed at Ysgol Brynteg, Llanelli, following a good response from teachers and pupils to the pilot last spring in Five Roads Primary School.
Executive board member for housing and public protection Cllr Pam Palmer said: “It is an excellent scheme. It teaches children how to handle money and will also help to improve their saving habits later in life.
”I am pleased that the course is being offered in both Welsh and English.”
For further information contact Quita Davies on 01267 228672.
Financial literacy training for pupils in Wesh at Ysgol Teilo Sant, Llandeilo. Carmarthenshire County Council Fair Trading Officer Quita Davies is pictured with pupils.
Pic Jeff Connell
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