7 Nov 2025
Mortgages and budgeting to be taught in schools
A welcome change in schools is coming, as financial literacy is set to become compulsory in England.
The Government has announced that as part of the new national curriculum, children in primary and secondary education will be required to learn about budgeting, compound interest, managing money, and mortgages.
These changes are due to come into force from September 2028. Schools will teach pupils the basics of money and how to spot fake news in the media.
These new compulsory ‘citizenship’ classes are said to be part of modernising the national curriculum, which hasn’t been updated in over a decade.
Research from debit card and app GoHenry, showed that 84% of school-age children felt they’d like to see more financial education in the curriculum.
With children’s habits and attitudes towards money developing at an early age, introducing financial education earlier in life will hopefully have a positive impact on many children.
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