Financial Life Skills for Young People


Four Key Relationships

Young people today face some hard challenges that many older adults have never had to deal with. Whatever kind of career a young person chooses to follow, it is vital that they have the knowledge and skill to manage their own personal finances, to understand how society functions and to be aware of their relationship with the environment.

Keep the Cash introduces students to the 4 KEY RELATIONSHIPS they will have to learn to manage throughout their adult lives, and does so by aligning with Ofsted’s requirements for ‘personal development’ in its new assessment criteria.

For further information, or to ask any question, please call or text Sean McGuire on 07584 085363, or Adam Yates on 07813 166931.





It is through employment that we generate the money we need to fund our lives. The skills and techniques required to gain employment are something every young person needs, in order to develop a career that can match their aspirations.

Being able to conduct background research on employers, prepare a CV, write a job application, and attend job interviews with confidence, are all dependent upon these skills and aptitudes, not just at the outset of one’s career, but throughout one’s working life.

The modern world demands that we are all functionally financially literate. The decisions we make in life often have financial consequences that are not always immediately apparent.

Being exposed to a variety of scenarios, and facing a wide range of challenges, while still in the safe confines of education, is the best and most effective way for young people to comprehend the key financial concepts that dominate all our lives – credit, interest, debt, and cash flow.

Developing a clear understanding of these concepts and, most importantly, how they interconnect, ensures young people can cope with the competing needs of spending, saving, investing and managing their hard earned money.

A successful society and economy requires active citizens. We fund the government, which spends our taxes on public services, and sets the laws by which we operate. Through our national and local democratic systems, we all have the opportunity to participate in, and influence the direction of our society.

An active citizen understands how our political, economic and social systems work and, crucially, how they can build their own independent adult lives within that framework. In doing so, they become responsible for the part they play in our democracy, with all the benefits that will bring.

Every financial decision we make has consequences beyond our own personal lives. The environmental capital of the planet is being diminished as the global population grows, and developing economies add to the demand for resources. Understanding the role we can play to make our society sustainable, and conserve the resources available to us, is a critical area of knowledge for our young people to acquire.

Only through understanding the day-to-day impact of our actions can we ensure that this generation, and those that follow, are able to make decisions that will ensure the future sustainability of our planet.