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Financial Education Will Empower Children Before they Reach Adulthood

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How do you teach children about money?

It’s a question asked by many parents and carers who feel they don’t have the right tools to help their children learn more about money and finance.

That’s why NatWest has launched Talk, Learn, Do, a new digital workshop that in just two hours aims to help people with children gain the skills they need to give their kids that all important head start in life.

Adults with children are certainly feeling more under pressure to help provide a solid financial future for their kids right now. According to the Royal Mint’s 2021 Savings Report, 78% have vowed to improve their financial habits throughout this financial year to benefit their children’s futures.

Yet financial education is just as important to empowering children before they reach adulthood.

Talk, Learn, Do provides parents and carers of children aged between three and 11-years-old with strategies, tips and more confidence to talk to their children about money. There are six workshops taking place throughout July to choose from.

The workshop was created by the Money and Pensions Service and is being delivered by NatWest’s team of community bankers. During 2016 and 2017, an in-person version of the workshop was successfully piloted in Wales and 99% of attendees involved in the evaluation said they would recommend it to other parents.

The workshop is split into six core sections, which are brought to life through activities and discussion covering why we need to actively teach our children about money, how to teach children through everyday activities, and options for how best to put this into practice.

Gregory Couch, one of NatWest’s Community Bankers in Wales, said:

“The workshop has been designed to be relaxed and fun, so you can take part whilst sat on your sofa with a coffee. It’s definitely not like being back in school. If your children are with you too that’s absolutely fine, we know how difficult it is juggling things when you’re a parent or carer.

“That’s why there’s several workshops to choose from, each taking place on different dates and times of the day so you can pick the one that best suits you. All you need is access to Zoom.

“Today four out of 10 adults feel they are not in control of their finances and that’s why it’s so important we empower children from a young age so that as adults they’ll be more confident and secure with their finances. The workshop is therefore two hours that can really transform your children’s lives and allow you to give them an important head start in life.”

The dates for the workshops are: July 13, 12:00 to 14:00; July 14, 10:00 to 12:00; July 20, 18:30 to 20:30; and July 22, 12:00 to 14:00.

 

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At NatWest Cymru we are passionate supporters of enterprise and offer a wide range of services to people who want to start, run and grow a business.

Business Builder is an online, on-demand resource designed to give you the right support at the right time for you and your business. There are modules, articles and case studies designed to support you to upskill and develop yourself and your business at a time and pace that suits you.

Find out more at: https://www.natwest.com/business/insights/businessbuilder.html

The NatWest Accelerator supports and empowers entrepreneurs and business owners to scale their businesses to the next level. Through our six-month, fully-funded Accelerator programme we provide wrap around support and access to expertise, removing barriers and providing more opportunities to help businesses grow.

Find out more at: https://www.natwest.com/business/business-services/entrepreneur-accelerator.html

NatWest Cymru’s Local Enterprise Manager Lee Morgan offers free support and expertise to small businesses – whether you bank with us or not. They can:

• Boost your insight and knowledge in specialist subjects by giving you access to local talks and educational events.

• Boost your connections with opportunities and partnerships. These could be within our group or through a variety of other businesses we work with – they could help you on the road to success.

• Tell you more about how NatWest business banking products and services could work for you.

Lee Morgan. [email protected]

07790 913197

 

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