It was only a matter of time...and leave it to the British to get the ball rolling. According to a source in Whitehall in London, the government is looking at introducing financial planning education right into the lower school curriculum by September 2007. It is, I am told, part of an even wider strategy to prepare 15 and 16-year olds for adult life.

The details are sketchy right now, but apparently the initial thrust will be on having lessons in debt, savings, and pensions, all part of the government's intention to alter the present 'spend now, save later' philosophy that has embedded itself into British culture. Word has it that the new curriculum would be introduced into England and Wales initially. Scotland is not as yet part of the design although this move itself will probably put heat on Scotland to educate its secondary school graduates with some knowledge of financial affairs.

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