GoHenry

☀️ The summer holidays are here, and with them come the familiar cries of “I’m bored!” But fear not, parents! Encouraging your kids to find a summer job or take on extra chores can be the perfect solution. Summer jobs help kids build key skills like communication, problem-solving, and time management, boosting their confidence and sense of accomplishment, as well as instilling a sense of responsibility and the value of earning their own money. For younger kids who can’t get traditional jobs, extra chores can be a great way to earn pocket money. Our data shows kids earned over £3.7 million from chores last year! Top-paying chores include: 👶 Babysitting: £5.39 on average 🌾 Mowing the lawn: £3.46 on average 🚗 Washing the car: £2.97 on average 🪴 Gardening: £1.96 on average CEO and co-founder of GoHenry, Louise Hill, suggests summer is the ideal time for kids to get entrepreneurial or earn from chores. From selling clothes on Depop to babysitting, mowing lawns, or washing cars, there are plenty of opportunities for kids to earn and learn. https://lnkd.in/d4fNm-EZ #SummerJobs #Entrepreneurship #PocketMoney #GoHenry #LifeSkills #FinancialResponsibility #SummerHolidays #Kidpreneurs

A curriculum review and a focus on life skills ✅ We’ll take that. Look forward to submitting evidence to the Call for Evidence in September and renewing our push for financial education to be made compulsory in ALL schools 💪 Realise we’re like a broken record, but we’re not stopping until it’s fixed ⚒️ #makemoneycount https://lnkd.in/eRJsrFdc

Great to see Labour focus on raising educational standards in the King’s Speech today via its Children's Wellbeing Bill and Skills England Bill 👑 We wait to see if it will include specifics around financial education, but Labour’s pledge to order ALL schools to teach a national curriculum and to conduct a curriculum review offers huge opportunity 🤞 We are also encouraged by Labour’s pre-election pledge to deliver practical skills to young people at both primary and secondary school level, which is reflected in its Skills England Bill and aims to ensure that skills needs are being met across the country 🛠 We very much hope that financial education - as a core life skill - will form part of these bills. Young people, parents, teachers, education charities and employers all want financial education to be more prominent in schools and our GoHenry Financial Education Manifesto lays out a clear roadmap for how this can be delivered quickly and cost effectively 💰 We’ll be doing everything we can to make the case for financial education, to promote our manifesto, and ensure that financial education is prioritised in all schools from primary school age 💪 #makemoneycount #kingsspeech #lifeskills #financialeducation #manifesto https://lnkd.in/ewCexa4X

Congratulations to the #Labour party and Keir Starmer on their success in the UK’s #GeneralElection 👏 We’re encouraged by the Labour Financial Services Review, which made reference to the importance of financial education and literacy, particularly among young people 👦 👧 We've also been closely following Labour’s policies around closing the divide between academic and vocational education and delivering practical skills to young people at both primary and secondary school level 🎒 While we appreciate there are many areas the new government will be looking to fix 🔧 we're excited by the new Education Secretary’s vision for schools and will continue our push - alongside industry colleagues such as MyBnk, The Centre for Financial Capability, Young Enterprise UK and RedSTART Educate - to ensure the Education Select Committee’s findings into strengthening financial education in schools aren’t lost in the change of government 💪 Here’s to the start of a new era in education - hopefully with financial education and practical skills at the heart of it ❤️ #makemoneycount #financialeducation #education #government

We’ve had a busy few weeks of press coverage, including comments from our co-founder and CEO, Louise Hill featured in the Independent, The Daily Mirror and dozens of regional titles discussing how parents can deal with ‘pester power’ over the summer holidays. Louise was also featured in the Telegraph sharing her thoughts on the trend for zero based budgeting. 💡 👉 Check out the full articles here: https://lnkd.in/e-pt83Qd https://lnkd.in/eNEwWbnZ

If you want to know more about why we need to talk to our kids about money and how to start the conversation, then you’ll love Let’s Make It Rain’s latest episode. 🎙️ Davinia Tomlinson spoke to Louise Hill, co-founder and CEO of GoHenry about: 💡 How Louise’s children and their iPods were the catalyst for building GoHenry.  💡 How GoHenry pioneered financial education and savings tools for children since 2012. 💡 Why GoHenry is lobbying government to add financial literacy to the national curriculum. You can listen here: https://lnkd.in/eEP4a779 rainchq #FinancialEducation #Podcast #FinancialLiteracy

After last week’s Education Select Committee findings supported what we’ve been shouting about for a while - that current financial education provisions in school are inadequate - we’re pushing for those words to be turned into action and not even a snap election is going to get in the way 😉 So today, we’re proud to launch GoHenry’s Financial Education Manifesto outlining how the next Government can improve the delivery of financial education in schools. Our key recommendations include: ▪ Financial education must be taught in all primary schools.  ▪ Financial education must be compulsory in all secondary schools, not just those that follow the curriculum.  ▪ Financial education must include practical elements, not just theoretical lessons, to ensure children of all ages engage with it.  ▪ Additional elements of financial education are welcome on the maths curriculum, but we can’t rely on maths alone.   ▪ Financial education should be a statutory part of the PSHE syllabus – a change that can be made fast, without any primary legislation. ▪ Financial education should be taught using a Bikeability-style external delivery model to ensure consistency and high-quality lessons. ▪ In the long-term, teachers should be given the time, resources and training to deliver financial education lessons themselves - with support from external delivery providers to provide practical experience and add colour to lessons. ▪ External delivery organisations should be subject to oversight and quality control from an independent body. ▪ Dormant Asset Scheme funding should be used to establish a financial education external delivery model at the earliest opportunity.  ▪ The Oak National Academy should be used as a repository for wide-ranging financial education resources that all teachers can access. To quote GoHenry’s co-founder and CEO, Louise Hill: “Financial education is more than just another subject competing for space on school timetables. It is a critical life skill that all young people need if they are going to navigate the adult world successfully.” Let the work begin! Thanks, as always, to our fellow campaigners: The Centre for Financial Capability MyBnk Young Enterprise UK RedSTART Educate Peter Komolafe DipFA, CII MP Olamide Majekodunmi Abigail Foster, ACA Davinia Tomlinson Ryan Briggs Thomas Monaghan Laura Moore Bobby Seagull Darren Collins MLIBF DipFA, MBA Leon Ward Sharon Davies Russell Winnard PSHE Association Association for Citizenship Teaching https://lnkd.in/eRBU67QZ

Today’s a good day 🎉 The Education Select Committee findings into strengthening financial education in schools are music to our ears. We have long campaigned for financial education to be taught in primary schools, so the Committee’s recommendation to implement this is 1000% welcome. 👫 We fully agree with making the economic and financial elements of PSHE education statutory at primary and secondary school level, which is the quickest and easiest way to expand financial education in our schools. 🔢 While we support elements of financial education being incorporated into maths, true money skills focus on shaping practical behaviours that maths lessons alone can't address. We hope the Committee and Government will discuss this further to ensure that financial education doesn't become all about numeracy. 🚲 We absolutely want to see teachers trained in financial education as the report recommends but, given the already huge pressure on teachers and teacher training, we recommend an external delivery model similar to the Bikeability programme for cycling proficiency (and funded by the Dormant Assets money that has already been allocated to this issue) as the best short-term solution. ❤️ Last but definitely not least, we know young people want to learn. Our research shows that 84% of kids and teens would like to have more financial education in school and that almost half (49%) of secondary school kids and 42% of primary school kids are already worried about leaving school without sufficient financial education. It’s time for the Government to take note of these important voices and give them the practical money skills they need - and want - now. We will be watching closely to see how the Department for Education translates the Committee’s findings into tangible and positive policy outcomes for young people. In the meantime, thanks to the Education Select Committee and Robin Walker for commissioning this important inquiry and for inviting us to give evidence. Along with other key supporters in the industry, we'll keep pushing with all parties to keep financial education top of the agenda. We owe it to the next generations to get it right 💪 The Centre for Financial Capability MyBnk RedSTART Educate Young Enterprise UK PSHE Association Association for Citizenship Teaching Peter Komolafe DipFA, CII MP Abigail Foster, ACA Olamide Majekodunmi Davinia Tomlinson Ryan Briggs Laura Moore Bobby Seagull Darren Collins MLIBF DipFA, MBA Leon Ward Stewart Perry Sharon Davies Russell Winnard Sarah Marks https://lnkd.in/er7vgTsY

Thanks to Success at School for highlighting our research showing that kids want more #financialeducation in schools 🚀

We did say the conclusion of our #makemoneycount petition to make financial education compulsory in all schools wasn't the end..! We’ve heard from educational bodies, businesses, charities and the Government on what they think about financial education in schools, but what do kids and teens think? 🤔 That’s what we set out to discover with our latest research, which reveals that (unsurprisingly!), young people think more financial education in schools is a good thing: 84% of kids and teens would like to have more financial education in school 84% of young people say that financial education is equally or more important than core subjects like Maths, English, and Science 42% of primary school kids are worried about leaving school without sufficient financial education With the Education Select Committee preparing to deliver its recommendations for how financial education could be strengthened in schools, it’s clear that young people think what they currently learn needs to be reformed. Let's keep the momentum going as we work towards empowering the next generation with money skills for life. 💪 Check out our superstar customer Theo who was interviewed about the research at the link below 👇 https://lnkd.in/g7hJD_sv