Bank gives pupils a lesson in finances and how to borrow

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CHILDREN welcomed bank staff to a school as they took part in My Money Week.

Pupils at Goldfield School in Tring had a visit from Natwest in the town’s High Street as part of the week aimed to bring schools and their communities together to learn about managing money.

Branch manager Richard Gaster said: “We have had a fantastic time and I have been really impressed with the creativity and business acumen the young people have shown.

“The importance of financial capability for young people cannot be underestimated as it is essential that they are equipped with the skills and confidence required to make decisions in adult life.”

The school’s coordinator Sidney Prescott said: “This has been a great activity, which the young people have really enjoyed.

“It is very important that they gain basic money management skills and have the opportunity to develop their entrepreneurial and creative abilities.

“My Money Week was an extremely practical and fun way of doing this and brought alive what happens in real life.”

In the lead-up to the tea and entertainment afternoon, the bank staff had a session with pupils to teach them how to borrow money to fund the ingredients needed for the afternoon and explained how borrowing money works.