TEAR UP THE SCHOOL BOOK: BRITS DROP R.E IN FAVOUR OF PERSONAL FINANCES

 

• Nationwide report reveals 67% of Brits want to see money management taught in schools
• Over a quarter of the UK wants to remove R.E from school curriculum, data reveals

 

Almost seven in ten Brits believe managing personal finances should be added to the school curriculum, new national research reveals.

 

The nationwide survey of both non-teaching and teaching staff, conducted by Discounts for Teachers amidst the cost-of-living crisis, identified which key life skills Brits feel were missing from their school education, as well as the favourite and least favourite subjects from their school days.

 

The data revealed an overwhelming 67% believe managing personal finances should be added to the modern-day school curriculum, with over half (56%) stating they wish they were taught how to manage money when they were at school.

 

What’s more, when considering children of today, a huge 88% of the public stated more needs to be done to educate children on personal finances.

 

This was supported in the education sector, with nearly two thirds (63%) of teachers stating they believe how to manage personal finances should be added to the school curriculum.

 

The findings come as nearly 8 in 10 Brits state they have struggled with personal finances since leaving school, while less than a third of those surveyed (29%) felt well-prepared to handle the cost-of-living crisis thanks to skills they learnt in school.

 

To help manage personal finances, Discounts for Teachers provides a series of exclusive discounts, cashback & vouchers to support teachers & education staff. 

 

Elsewhere, first aid (46%) and how to write a CV (36%) were also named amongst the top three life-skills Brits wish they were taught at school.

 

The survey also revealed English (27%) is the nation’s favourite school subject, with maths (23%) and history (22%) following narrowly behind. When it comes to the subjects thought to be most valuable, English (49%) and Maths (48%) were named the most useful subjects for adult life.

 

At the opposite end of the scale, over a quarter of Brits (28%) named R.E the least useful subject currently taught at schools, with 26% stating they would remove it from the school curriculum.

 

Drama (13%) and psychology (10%) were also named as subject Brits would like to see axed from school schedules.

 

Storm Postlethwaite, Managing Director of Discounts for Teachers, said: “The cost-of-living crisis has made it incredibly difficult for people in the UK over the past few years. Our survey reveals that the nation felt ill-prepared for the economic issues and that more needs to be done to help educate children on how to manage their personal finances.

 

“Education professionals do an amazing job to help prepare children for adult life, but there are almost definitely gaps in the curriculum in which key life-skills needed are missed.

 

“Discounts for Teachers is proud to help support those working in the education sector, providing workers with discounts and offers from retailers to help alleviate some of the financial burden of everyday life.”

 

To learn more about the support Discount for Teachers can provide visit their website and join as a member for free.

 

BRITS’ TOP TEN FAVOURITE SCHOOL SUBJECTS	TOP TEN SUBJECTS BRITS WANT TO SEE REMOVED FROM THE SCHOOL CURRICULUM
ENGLISH (27%)	R.E (26%)
MATHS (23%)	DRAMA (13%)
HISTORY (22%)	PSYCHOLOGY (10%)
GEOGRAPHY (15%)	WOODWORK (10%)
BIOLOGY (12%)	ART (9%)
P.E (12%)	MUSIC (7%)
ART (11%)	P.E (6%)
FOREIGN LANGUAGES (9%)	FOOD TECHNOLOGY (6%)
CHEMISTRY (8%)	CHEMISTRY (6%)
FOOD TECHNOLOGY (8%)	PHYSICS (5)