Press release: Young Money and Family Building Society partner to launch children’s money guides

Recognising the need for children and young people to have the knowledge, skills and confidence to manage their finances well, Family Building Society have created a series of money guides for 5 to 18 year olds, in partnership with Young Money.

Young Money is part of national financial education and enterprise charity Young Enterprise that works directly with young people and their educators to develop the vital skills and enterprising mindsets needed to maximise future opportunities.

The guides are designed to help children learn about managing money and personal finance, the concept of bank and savings accounts, value of money plus the complex topics of credit, budgeting, and foreign currency.

Alistair Nimmo, Director of Marketing at Family Building Society said, “We all want to build the best future for our children and with many families opting to set up children’s savings and bank accounts, the money guides are a great opportunity for children to learn about money in a fun, engaging way. Our guides are full of great tips and fun activities for children of all ages and are already proving popular.”

Russell Winnard, Director of Programmes and Services, at Young Money adds, “Research proves that speaking to young people as early as possible around finances has a positive impact on their mindset around money. That’s why we are thrilled to be partnering with Family Building Society to produce this series of guides which cover a range of important topics and will help young people become financially capable and confident in making informed choices about their futures.”.

The guides are available to download from familybuildingsociety.co.uk/children-and-money