Finance 'should be on
the curriculum'
Schools should teach children about how to manage their money, according to credit data supplier Equifax.
The company said that because of the economic crisis, it is now more important that pupils learn the ways of the sterling.
A recent Equifax poll suggested that 35% of parents do not think their children understand the value of money, while as much as 94% agreed that financial education should be introduced nationally in the curriculum.
According to Equifax's Neil Munroe: "Young people now live in a world where debt is a fact of life, and research has found that student debt has topped £5,000 for each year of study. This makes it absolutely imperative that, as early as possible, young people understand how best to manage their finances."
Around a third of parents who were questioned in the survey said their children did understand the value of money.
Almost a quarter of parents said their parents' attitudes influenced their own attitudes on money, Equifax said.
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