What about the responsibility of the banking sector?
There is a lot of talk about the contribution of parents and schools with regard to teaching children about money - rightly so with the current debt problem the country now faces. What about the responsibility of the banking community as they are the ones that will have to deal with all the defaults?
An excellent idea that was introduced when I was at school was a weekly visit from the Yorkshire bank. We all sat there and listened to information about what having an account there would mean for us as kids and took a letter home to show our parents. Each week a representative of the bank would come round to collect our contributions and it became like a routine.
This was my very first experience of the concept of saving money. It gave me discipline as I paid money in each week and saving as much as possible became like a small competition for us all. It was actually a lot of fun.
This is definitely something that should be re-introduced as part of children's monetary education.
Nice work done.