Youngsters keep on top of their finances

SUFFOLK may have some millionaire businessmen and women in the making after children learnt how to stay in the money.

Ipswich Building Society organised a new initiative which it hoped would add to youngsters' maths ability by teaching them simple skills about money and finance.

Year two pupils in schools across the county, including St Margaret's Primary School, in Ipswich, Beaumont Primary School, in Hadleigh and Woodbridge Primary School, took part in the events which even saw them create their own money.

Helen Peats, teacher at St Margaret's said: “The children really, really enjoyed the day, they certainly were enthusiastic and they loved all of the activities - they thought it was brilliant.

“A lot of thought had gone into all of the preparation and that ensured the day ran smoothly.”

During the money days the students played mathematical games and took part in reading, writing and creative tasks as well as designing their own notes and money boxes.

The project was designed to help more children gain a grasp of finance and from September more schools in the region will take part.

Paul Winter, chief executive of Ipswich Building Society, said: “We were delighted with the success of the money days.

“Schools could see the benefits and were really positive about taking part. The enthusiasm of the children was wonderful to see.

“They really enjoyed the games and activities, and by the end of the day had learnt a lot about the value of money, how it is used and why it is important to manage it.

“Learning at such a young age helps children be responsible about money and their finances later on in life.”

Does your child have a useful method for staying on top of their finances? Write to Your Letters, Evening Star, 30 Lower Brook Street, Ipswich IP4 1AN or e-mail eveningstarletters@eveningstar.co.uk.