‘I Wish I Learnt About Money At School!'
LifeSavers, a financial education programme for primary school children (KS1 and KS2), is now in it’s 4th year of delivery. Growing year-on-year, the programme now has 120 registered schools and The Just Finance Foundation (founders of LifeSavers) have ambitious plans to grow this number to 500 schools within the next 3 years.
Our recent independent evaluation report, conducted by Public Perspectives, highlighted some key successes of the programme:
30,701 children were reached
2,114 teachers and school staff received of CPD
175,322 was saved at LifeSaver Savings Clubs
98% of Teachers and Schools rated LifeSavers as Very Good or ‘Good’
98% of Teachers say LifeSavers’ values are important to delivery
91% of Schools rated the resources provided to set up a Savings Club positively
70% of Schools believed LifeSavers has improved other educational outcomes
Mark, the Director of Research and Engagement at Public Perspectives, commented:
“This review reaffirms that LifeSavers is a well-conceived, delivered and effective primary school financial education programme, that enriches school life, helps schools deliver a ‘rounded’ curriculum and leads to positive changes in the knowledge, skills, attitudes and behaviour of pupils about money.
LifeSavers is now a mature, established and impactful financial education programme, which justifies further investment in LifeSavers to be delivered to more schools in the future, building on the good work over the past few years”
With the Money and Pension Service (MaPS) recently outlining their 2030 UK strategy for Financial Wellbeing, the encouraging results of LifeSavers’ review are timely. LifeSavers’ value-based approach to financial education sits clearly within the MaPS target to get 2 million more children to receive meaningful financial education.
Sarah Wallace, Programme Director of The Just Finance Foundation, hopes to contribute significantly towards this goal:
“Research shows that children’s financial attitudes and habits are formed at a young age, so I am really happy that the evidence from this evaluation shows the impact the Lifesavers Programme is having. We strongly believe that training teachers to deliver Financial Education is the most sustainable approach and that the practical element of school savings clubs helps children to embed their learning and develop positive habits around money”