At Royal Bank of Scotland, we're committed to becoming a more sustainable bank. We believe that giving back to the communities we live and work in is one of the best ways we can achieve this; that's why we created the MoneySense programme.
The Royal Bank's flagship financial education programme delivering learning for 5-18-year-olds, both in the classroom and at home. Over the past 22 years our free, impartial programme has helped around 4.5 million young people learn about money.
Easy to use, interactive and fun, MoneySense provides everything parents and teachers need to engage young people to learn about managing money in a real and relevant way.
We work closely with teachers, parents, young people and education professionals to develop straight forward, relatable content and engaging activities that are linked to the national curriculum.
Our educational content is independently accredited by Young Enterprise (formerly the Personal Finance Education Group) and has received the Financial Education Quality mark.
Giving young people the skills and confidence they need to manage money well is an investment in the future of our communities and society as a whole.
MoneySense helps young people by giving them the skills and knowledge needed to be better prepared for the financial challenges that face them in the future.
There are 4 key parts to the programme:
The programme provides financial education lessons for use in school, delivered by class and subject teachers. Content is tailored to different age groups covering a range of topics from 'The Coins and Notes we use' and 'How Bank Accounts Works' to 'What is Credit and Debt' and 'Recognising Frauds and Scams'.
Young people learn about money in a fun and engaging way with activities based on real-life money moments like getting that first phone, budgeting for a pet or understanding consumer rights.
MoneySense also offers classroom workshops delivered with the help of one or more of our employee volunteers, bringing real life money experience into the classroom.
The children had a fantastic time and learned so much about financial education, which in our current climate will no doubt stand them in good stead for the future.
The MoneySense programme has inspired large-scale and lasting positive change, bringing a multitude of business and societal benefits. It is fulfilling a crucial educational need by providing a comprehensive suite of multi-platform resources that help teachers deliver effective and engaging financial education to students aged 5 to 18. It features high-quality, educationally robust material that incorporates the latest innovations in educational techniques, such as flipped classroom and blended learning.
The resources are a core part of a sustainable programme that has been running for over 20 years. The programme also facilitates employee engagement, providing bespoke workshops that empower RBS staff across the UK and RoI to support teachers in delivering memorable financial education sessions in schools. The programme has helped millions of children so far, and is tangible evidence of the bank's core values – serving customers, working together, doing the right thing, and thinking long term.
Today has been one of the highlights of my career, to date. I was privileged enough to be teaching a MoneySense session to a fantastic group of Year 6's at Sir John Moore school. Never have I engaged with such a fun, interesting and welcoming group as them. I was worried, running the session solo but ended up spending the whole morning teaching, chatting and interacting with the students and teachers, all of whom made me feel incredibly welcome. They've taken away an appreciation of the Bank, money, budgeting and most of all they had a great time.