Schools to embrace financial education Financial education looks set to become part of the national curriculum in England from 2014 after the Department for Education released draft proposals for consultation. Pupils aged 11-14 will be taught "the functions and uses of money, the importance of personal budgeting, money management and a range of financial products and services" as part of citizenship lessons. IN Personal Finance Older children will be taught about "wages, taxes, credit, debt, financial risk and a range of more sophisticated financial products and services" as part of maths. Tracey Bleakley, chief executive of financial education charity pfeg, described the result as "a huge victory," adding that financial education "is essential in equipping young people with the knowledge, skills and confidence they need."