Teresa is encouraging education and training organisations to back Lloyds Banking Group’s Money for Life Challenge, a national competition for 16 – 24-year-olds in further education, work-based learning, adult community learning or training organisations.
With financial education becoming part of the National Curriculum from September 2014, the Challenge is another way for teams to learn vital money management skills, whilst also helping to provide financial education to their communities.
The Challenge is supported by Lloyds Banking Group and seeks to find the most successful and innovative projects that young people can use to improve their money management skills, and those of their friends, families and communities.
Teams of up to ten young people in further education, work-based learning, adult community learning or a training organisation can apply for a £500 grant to enter, with the support of an individual project sponsor from their learning provider. Teams have until Friday 22nd November 2013 to enter the competition.
National finals will take place in April 2014, followed by a UK Grand Final in London on the 15th of May 2014 to select the overall competition winner.
“With financial education becoming part of the National Curriculum from next September, I’d like to see at least one education or community organisation in my constituency encouraging teams of young people to take part in the Money for Life Challenge.
It’s important that young people in my constituency improve their financial skills and share their new knowledge with others in the community, and the Challenge is a great way to do this. I look forward to hearing about the wonderful projects that will be proposed.”