The Church of England have blogged on the importance of helping children to understand how to handle money, here’s a few snippets:
A couple of years ago many parishes in the Church of England decided to take some practical steps towards creating a fairer financial system where everyone in the community flourishes. We did this because we believe there’s no division between ‘spiritual’ and ‘non-spiritual’ parts of life. The good news of Jesus Christ is for the whole human being. He wants to see every human being flourish.
Working in partnership with Young Enterprise and local credit unions, the scheme encourages children to save small, regular amounts of money. This is combined with teaching resources to help children understand the values that underpin this kind of approach to money. It’s not just teachers; parents, carers and the whole community are encouraged to get involved with children’s financial education.
When I prayed with the children during their assembly yesterday, I prayed especially for those whose households have serious money problems. Where there are such difficulties, it may lead to a whole range of other problems tightening their grip on a family: substance abuse, domestic violence and marital breakdown, among others.
So the way that money is dealt with is about human flourishing at its deepest level – and it is absolutely right that the church is helping to try and break this cycle before it affects another generation. Meanwhile, on a practical level it makes perfect sense for the Church of England, which is involved in the education of a million children around the country, to be using our particular platform to make this contribution.