To be financially capable in adulthood, young people need opportunities to develop skills and knowledge, gain experience and develop a good attitude towards money from a young age. This will prepare young people for the decisions and pressures that they will face as they transition into adulthood. Some of the pressures faced by young people now are new or different from those experienced by past generations.
There is increasing pressure in society to spend and there are some indications that this is felt particularly acutely by young people, many of whom will be invited to make use of unsecured credit as soon as they reach the age of 18.
CLA Placements understands the necessity of developing financial capability in young people is now higher on the national and international agenda. Internationally, more and more countries are participating in the Programme for International Student Assessment (PISA), which measures financial literacy levels.
CLA Placements is committed to delivering financial education to provide learning opportunities for young people in terms of problem-solving skills in a real-life context; encourage transference of skills and develop literacy and numeracy skills.