In July 2013, Five Lamps delivered six taster sessions of Money Twist to 137 year 7 and year 8 students at Durham Community Business College
Money Twist gets young people excited about money through a series of hands-on workshops. Delivered as stand-alone sessions Mr Mote, Head of Maths at Durham Community Business College chose ‘My Choices’ which looks at budgeting, youth employment, minimum wage, needs vs wants and saving for the future.
Chantelle, 13 said
“The MyBnk workshop was good and I am going to change my spending habits”
Money Twist involves writing, presenting, drawing, maths and problem solving. It uses real life case studies, colourful resources, games and videos drawn from their age group, popular culture, enabling students to explore and form their own opinions regarding their relationship with money. Activities cater for a wide variety of learning styles, with many extensions and variations to suit the needs of the participants.
Jake, 12 said
“I thought it was an excellent. It is the best lesson I have ever been taught and I wish I could be taught this every day”
The sessions had a positive impact on the students: 89% improvement in their understanding of three realistic ways to save money; 89% improvement in their ability to prioritise needs and wants and 86% improvement in their ability to use a budget to help me make effective use of my money.
Five lamps’ MyBnk project offer Enterprise education as well as Financial Inclusion and are all suited to tie in with many areas of the curriculum including Maths, English, Business Studies, PGCE, Work Related Learning and many more such as PSHEE.