Financial Skills Workshops
The FEP offer a range of financial skills workshops, delivered in schools and colleges.
Managing Your Money & Sensible Borrowing
Dealing with money affects every pupil and the ability to deal with money efficiently becomes even more important on leaving school. Grants, allowances and salaries all have to be stretched to cover outgoings. This interactive session looks at the basics of budgeting to show ways in which to plan, monitor and control personal expenditure. Debt is also a common burden for young people today but can be managed effectively with the right attitude. The session highlights the difficulties of financial over-commitment, and the steps to take if experiencing difficulties in meeting repayments. It covers such issues as honesty with oneself, communication with creditors and the importance of prioritising and negotiating.
Finance for Life
Using a ‘cradle to grave' scenario pupils are asked to consider what life events can be supported, or avoided, through various financial products and services. This session focuses on raising pupils' awareness of different types of financial products available and how they can satisfy their different needs. Further consideration is given to the importance of assessing and comparing different sources of financial advice and information, and being able to make decisions on the basis of long term, medium term and short term needs. No information is given on specific company products.
It's My Business
Working for yourself and setting up your own business is a dream for many. This session looks at why people set up their own business, what is involved, the importance of developing a business plan and the different types of businesses there are. Focus is given to the financial element - why businesses need finance at start up and during operation, and the many sources of finance available. Though a number of exercises, pupils are asked to review potential business ideas and evaluate what issues the owner would face.
To book a session please email firstname.lastname@example.org or call 0131 4737777.