Bath Building Society is to sponsor a financial education programme for secondary school and sixth form students in the city.
The programme of workshops is designed to help young people understand the practicalities of managing money and give them confidence to make informed financial decisions. 
According to statistics from Young Enterprise, four in 10 adults are not in control of their finances. The workshops, which are delivered by London-based finance and education specialists WizeUp, cover a wide range of topics from preparing for university and independent living after school, to budgeting, credit, loans, savings and tax.
Following the success of the Bath Building Society sponsored workshops at Hayesfield, St Gregory’s and St Marks, the programme will roll out across the city in the 2019/20 school year.
Bath Building Society CEO Kevin Gray said: “We are delighted to be working with WizeUp to bring financial education to secondary school children in Bath. When you consider 21m UK families have less than £500 in savings to cover unexpected bills, while around 8m adults have debt problems, our young people need high-quality financial education in school so they can manage their finances well and have the confidence to make crucial decisions.
“This is becoming increasingly important as future financial choices are likely to be more challenging than for past generations.”
Bath Building Society is also hosting a free CPD session for teachers on July 2. Hosted by Young Enterprise financial education expert Polly Barnes, the event runs from 1.30pm at the society’s Queen Square office.
Any secondary school teachers interested in attending should email Bath Building Society on bsoc@bibs.co.uk
Bath Building Society (BBS) was established in 1904 to offer savings, investments and mortgages to the local community and today services more than 10,000 savers. It has 1,200 mortgage customers and employs around 50 staff.
