Format: 5 x 1 hour workshops
Number of participants: 15 - 30 young people
Age groups: 11 to 18 year olds, content is tailored to be age specific
Money Twist is a series of five workshops covering practical everyday financial matters. Each of the sessions focuses on a different topic:
- Managing Money
- Earning Money
- Saving Money
- Banking Money
- Borrowing Money
Money Twist approaches financial capability in a hands-on manner as young people debate, play games and involve physical activity in their learning. Participants are encouraged to give their own views and critically analyse the various financial problems that people are faced with, for example by watching video case studies which prompts discussion of the various strategies to deal with the situation. The workshops are designed to get young people thinking and caring about their finances.
Throughout the workshop series participants build a poster of the things they have learnt that they felt were the most useful, and leave with a credit card sized fold out learning resource of key money facts.
Money Twist is based on the Every Child Matters and PSHEE guidelines on financial literacy, and is perfect for one-day financial capability focus days, enterprise weeks or an introduction to money for potential MyBnkers before launching the MyBnk-in-a-Box programme. Multiple Money Twist workshops can be run simultaneously to allow several groups to take part at once.
Case Study
Mount Carmel Technology College in Islington ran several Money Twist workshops simultaneously for all of Year 9 during an off timetable day at the end of the summer term. One participant said:
“It was fun and a new experience to learn about handling my money and what happens to it. Thank you very much for helping me understand things that I did not know before like National Insurance”