EconoMe - Lesson Four: Saving, borrowing and protecting my money

Lesson 4: How can I manage financial risk? Helping students explore the benefits of saving, borrowing, and protecting their money. Then, focusing on recognising scams and how to avoid them.

Designed for students aged 11-16, EconoME helps young people understand the economy and develop the analytical skills to make informed decisions. Accredited by Young Money, the programme consists of four lessons, each designed to help students understand how the decisions they make both affect, and are affected by, the economy.

Students will have the chance to explore aspects of saving and borrowing, the effect of interest rates, different types of lenders and the difference between manageable and unmanageable debt. EconoMe will also help young people understand some of the risks around financial fraud and scams, and how to avoid them.