Financial education is far too important to be left to one source. Too many parents are ignorant, leaving children vulnerable. Yet teachers are apparently just as clueless.
I attended an 'A level evening' where the teachers educating parents about sending their children to university believed that the availability of grants (now loans) was based on 'household income' set in tablets of stone. They clearly didn't believe me when I pointed out that the amount of household income could be manipulated as pension contributions didn't count, thereby additional contributions could be used to reduce household income.
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Financial education is far too important to be left to one source. Too many parents are ignorant, leaving children vulnerable. Yet teachers are apparently just as clueless.
I attended an 'A level evening' where the teachers educating parents about sending their children to university believed that the availability of grants (now loans) was based on 'household income' set in tablets of stone. They clearly didn't believe me when I pointed out that the amount of household income could be manipulated as pension contributions didn't count, thereby additional contributions could be used to reduce household income.