Schools: Parenthood Education Debate
Full Debate: Read Full DebateLord Bishop of Ripon and Leeds
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(11 years, 9 months ago)
Lords ChamberMy Lords, will the Government encourage the teaching of financial literacy as an important part of parenting, and in particular stress that while child benefit is of immense value to those with children, it would be ludicrous to suppose that having children to obtain that benefit made any financial let alone moral sense?
I agree very much with the right reverend Prelate on his second point. On his first point, financial education is important. As he will know, it is delivered as one of the strands of PSHE education. Also, as part of trying to improve financial literacy, the Government could do work on things such as basic maths. There is a correlation: in well run schools, thriving pupils who have ambition and aspiration are less likely to get into the kind of difficulty that we have been talking about. I very much agree with the right reverend Prelate.