Finding it hard to manage your money? Keen to stay out of debt
and attracted to the idea of saving for your future? MoneySense
helps you find the answers you're looking for, even for the
questions you didn't even know you needed to ask.
You can use this site to find out about the basics of good money
management, and learn how banks and other financial providers work.
You can find out what's involved in borrowing money, the different
sorts of savings accounts available to you, what sort of costs you
have to consider when leaving home, and how to budget so that your
money starts to work for you.
If you're taking business related or maths courses, MoneySense
will also support your studies and give you practice in core
financial skills and understanding.
Have a look at the four modules to see which one best suits your
needs. You can work through them all in order or pick and mix from
the subjects that interest you.
Each module is broken down into bite-sized topics with multiple
choice quizzes at the end of every topic so that you can test
yourself to see what you've learnt. The quiz has two levels, the
second harder than the first. You could have a go at both.
How MoneySense for schools can help you in your everyday
- You might be thinking of opening a bank account for the first
time to keep your birthday money, allowance from your parents or
earnings from a part-time job in a safe place. Start with Managing
your money and work through the interactive activities
which will give you a virtual tour of a typical bank so you know
what to expect when you get there, taking money out of a cash
machine safely, understanding a bank statement and how to start
managing your money.
- Perhaps there's something you are saving up to buy. Opening a
savings account is a good idea, and you'll find lots of information
in Planning your future
about different savings options.
- Maybe you're not prepared to wait until you've saved enough
money to buy that special something, and are considering borrowing
the money. Before you do, check out Credit worthy to make sure
you understand what you're taking on, and how much that loan will
actually cost you.
- For those of you planning to go into further or higher
education, you'll need to start planning for the expenses involved
in things like accommodation, travel, food and so on. Planning your future
will help you to work out how much money you may need, and give you
some practice at budgeting.You may be about to look for your first
job. Understanding how your payslip works, how much you can expect
to get in your bank each week/month and how to start saving,
perhaps through a pension scheme, will be really important. Have a
look at Planning your
- You're in business
looks at the skills and attitudes needed to successfully set up a
business. It outlines and explains the steps involved in
transforming ideas into businesses and also
highlights how being enterprising as an individual can help you in
the world of work.
You will also be able to save your progress online, use our
online tools to work up your weekly budget and find out how to save
money by cutting back on extras. You can get money news sent to you