MSE News: Church of England proposes school savings clubs

System

They will have to offer a Sharia-compliant option too.

Kendall80

bylromarha wrote: »

Saving is just for kids at Christian schools then?

Maybe they can take a pound and make it into 5000?

puk999

I am all for children getting better financial education. I feel this should be done state-wide as part of the national curriculum though.

The church is in the business of believing in invisible sky daddies, and pretending to be the moral authority based on an ancient and barbaric book. I'm not quite getting the correlation between them and personal finance education.

The cynic in me says the Archbishop has jumped on the current bandwagon of payday lending disgust for purposes of promoting his church as much as anything else.

I also wonder whether the CofE will collect together all the kids' £1s and invest it in weapons companies and Wonga like before?

roxy28

jjlandlord wrote: »

They can do what they want at CoE schools, but they should stay well clear of state schools.

If a question about CoE schools say in a quiz, was asked i would have given the wrong answer about it being a state school, i thought it was----ah well.

Not likley to be asked anyway, just a bit of observation.

Torry_Quine

I think this is a very good idea. The church is often accused of not looking after the needs of the local community and this is a perfect way of doing that.

Credit-Crunched

I wonder if they will have to pay FSCS levies....or even if the money will fall under the FSCS?

Who has heard of a dishonest priest......

patanne

We had savings accounts back at school in the fifties too. This sounds great but the problem as usual will be that parents who are likely to save will encourage their children to save and those that don't save will not. Only education about money etc will actually make a real difference.

jjlandlord

bylromarha wrote: »

Saving is just for kids at Christian schools then?

No, the Church of England is just for their members. (nice straw man argument by the way)

It is not appropriate for religious organisations, or political parties, to run activities in community/state schools.

Errata

puk999 wrote: »

I am all for children getting better financial education. I feel this should be done state-wide as part of the national curriculum though.

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Really? Isn't it the parent's responsibility to educate their children in the ways of the world?

jjlandlord

Errata wrote: »

Really? Isn't it the parent's responsibility to educate their children in the ways of the world?

No, it's the Church's