Carnforth teacher wins £5,000 for school after teaching personal finance to reception children

Emma Muckalt from Arkholme Church of England Primary School has won the Personal Finance Teacher of the Year Awards 2020.
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The awards celebrate excellence in personal finance teaching in schools, and aim to raise the profile of the great work being done in schools across the country.

The winning teachers have each won £5,000 for their schools; with highly commended teachers each winning £2,500 for their schools.

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interactive investor, which announced the awards, said: "Emma tailored personal financial education in a very clever way for her reception class, talking about financial wants and needs in relation to a baby.

Emma Muckalt with children from Arkholme Church of England Primary School.Emma Muckalt with children from Arkholme Church of England Primary School.
Emma Muckalt with children from Arkholme Church of England Primary School.

"She also worked this into the school’s own currency.

"Money was taught in the context of a baby's needs, with children asked to produce a simple list of items.

"With a budget of £10, this was a fun and engaging way to bring personal finance to life."

Emma came joint first with a Year 6 teacher in London.

Richard Wilson, CEO, interactive investor, says: “I know all too well how hard teachers work at the best of times – my parents were both teachers.

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"This year’s winners have continued to deliver top quality personal financial education in the most challenging of times.

"Now more than ever, it is crucial that young people have the skills to develop a healthy relationship with money.

"These teachers are going the extra mile to help them do that – and their refusal to let a pandemic put a stop to these brilliant lessons deserves to be celebrated.”

Teachers and pupils have been under more strain than ever before this year – and the new academic year continues to bring the challenges of school bubbles, quarantine, and blended learning due to Covid-19.