Foresters encourage next generation of savers

Following on from their support of “Learn Money Week” (10-17 March 2014) and looking ahead to the upcoming addition of financial education to the national curriculum in the new school year, Foresters Friendly Society has added to its series of educational tools and guides with a simple Pocket Money Savers guide, which highlights four easy steps parents can use to help teach their children about the value of money.

Additionally, Foresters Friendly Society promotes the fun, free online savings game called Savings Squad.  Targeted at seven to eleven year olds, Savings Squad is part of an initiative developed by the Association of Financial Mutuals (AFM), which Foresters is a member of, with the Personal Finance Education Group (PFEG) to start encouraging the next generation of savers. The online game aims to encourage a healthy attitude towards money and savings by bringing money to life through fun educational games, helping children to improve their numeracy skills and understand the benefits of saving money.

Finally, in the spirit of the “Learn Money Week” campaign, Foresters Friendly Society has put together a list of basic financial terms, to help young people through the maze of financial jargon: