Hats off to school bank
STUDENTS can bank on getting good financial lessons at their school. The Priory School in Hitchin has branched out with the help of NatWest to provide more than just classwork for its pupils. Students now have a school bank to help them understand more ab
STUDENTS can bank on getting good financial lessons at their school.
The Priory School in Hitchin has branched out with the help of NatWest to provide more than just classwork for its pupils.
Students now have a school bank to help them understand more about the basics of managing money.
It is being run by pupils who have successfully applied for the job and received cashier training from NatWest staff. All pupils will have the opportunity to open an account and pay in money at the school bank. They will also receive regular statements, which NatWest staff will go through with them, to help them understand the process of running a bank account and to watch their savings grow.
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Priory teacher Lyn Evans said: "The students are really excited about this new venture.
"It's very important that they gain basic money management and enterprise skills and setting up, running and using their own bank is an extremely practical and fun way of doing this and brings alive what happens in real life.
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"We would like to thank Cathy Bailey and NatWest for helping make this happen and we look forward to even more excitement and financial learning as the weeks progress.