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MSE News: Ed Balls: Financial education should be compulsory

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This is the discussion thread for the following MSE News Story:
"As MPs today debate making financial education a compulsory part of the school curriculum, the Shadow Chancellor says young people must be taught about money matters..."
"As MPs today debate making financial education a compulsory part of the school curriculum, the Shadow Chancellor says young people must be taught about money matters..."
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It wasn't high on Labour's agenda then, else they would have dealt with the issue whilst they had a majority parliament rather than just before a general election when they knew it would be upto a new government as to whether to support the act.
Completely agree. Balls trying for the 'popular' vote rather than speaking from his conscience.
True, is the party that infamously left the note "There's no money left" in the Treasury for the Coalition the right party to be supporting Martin's campaign for Financial Education :rotfl:
The perks of being in opposition.
Knowing how to manage money, sure. But what does it mean to be a "savvy consumer"?
Avoid being ripped off? That seems to be the favourite phrase around these parts. The vast majority of the time it is not the company "ripping off" or "scamming" anyone, it is the consumer who has no idea what they've agreed to.