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You're never too young to learn!

Living in a society that increasingly encourages spending and borrowing, means providing the younger generation with a solid financial education is vital.

Youngsters are used to owning expensive items, the latest mobile phone and designer items, but do they really have a true understanding of their value, how long it takes to earn and save the money to be able to make these purchases?

Collage by the students at the Roman Way Day Care Centre
Collage by the students at the Roman Way Day Care Centre
The notion of budgeting and saving is often neglected and unfortunately a lot of younger people can find themselves in financial trouble;
  • 31% of under 25’s report being in debt (Action for Children, 2015)
  • Only 1/3 of 16-24 year olds have at least £1,000 saved (StepChange, 2015)
  • Half of all students run out of money before their next loan starts (Telegraph, 2015)
As a mutual Society, with our members’ best interests in mind, we believe it is important to provide a facility to local schools that addresses the foundations of all things 'financial'. Educating the younger generation with essential information about saving and budgeting, we hope to reduce the risk of them being faced with financial troubles now and in the future. 

Throughout the academic year, members of our branch network visit local schools with an interactive presentation that can be tailored to the school's individual needs. It sets the scene with an introduction to the history of building societies then delves into the world of savings, touching on mortgages too.  

If you are interested in finding out more information, or would like to arrange a presentation for your school, we would love to hear from you. Please contact Louise Bunce, Head of Sales and Marketing, by emailing lbunce@mhbs.co.uk or call 01858 412250. 

 

  

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