Financial Education

Financial Education
 
At Nancealverne we are committed to embedding financial education across our curriculum and have been awarded Financial Centre of Excellence status (via Young Money).  Within school, in addition to discrete teaching sessions on money and finance, we offer opportunities to engage with real-life learning through the School Bank, Tuck Shop, trips out and about in the community and participation in an annual Money/Enterprise week full of exciting activities.
 
Our Vision Statement
 
Financial education is a key life-skill and all pupils need access to regular, high quality, real-life learning opportunities to develop their knowledge and understanding.
 
It is the aim of our school to equip pupils with the skills and confidence to enable them to manage their money successfully and to make informed decisions, but also to know where to get help when they are unsure.
Nancealverne School Savings Bank
 
Nancealverne School has its own savings bank, in conjunction with Kernow Credit Union.  It  is open every Tuesday morning to pupils, staff and parents/carers.  The aim is to teach pupils the importance of saving and to allow pupils to develop money/banking skills in safe 'real-life' environments.  Pupils come along, fill in their own deposit/withdrawal forms and sign them (as far as they are able), queue up to see a cashier, and deposit/withdraw money.  Updated savings records allow them to see how much they are accumulating on a weekly basis - some pupils have visually based records to increase their understanding.
 
 
Joining the school bank
 
If you would like any more information about the bank or would like to join, please ask Nikki Messham for more information.
Nancealverne Tuck Shop
 
 
Palm Class (with additional helpers from KS3/4) runs the school tuck shop.  All pupils in class take part in the enterprise, either through stock counting, shopping and cooking as well as helping to set up/put away, serving customers and managing monies taken.   The tuck shop opens once a week on a Thursday morning over break and is run as a café, allowing space for pupils to sit and eat their purchases and socialise with their peers.  As well as providing a good range of healthy snack items, tuck shop offers toast and a home made special every week. 
 
The tuck shop is extremely popular with both pupils and staff and allows pupils to develop their money skills in a safe, supportive environment.  It is particularly useful in developing a sense of value as pupils have to make difficult choices with their limited funds.  Proceeds from the tuck shop are used to fund school trips/resources for Palm Class well as charitable donations.  Decisions as to what to spend the profits on are made by the whole class.
 
At the moment, tuck shop is taking a break until we can operate safely - but never fear, we are practising and perfecting our recipes so that we can offer fabulous treats when we are able to restart!