International rugby stars launch 'Number Cruncherz' programme to thousands of young people

Thu.23.Jan.2014 GMT

The ‘Number Cruncherz’ programme, which has been developed for Year 7 children with the help of MBNA and the UK’s leading financial education charity pfeg (Personal Finance Education Group), will help thousands of young people across the North West and North Wales to develop key financial literacy skills.

Some of the stars of English rugby, including Mark Cueto, Hendre Fourie and Michael Paterson, are backing the three-year scheme and will be attending the launch event at Sale Sharks’ AJ Bell Stadium, where a group of 50 children from Stretford Grammar School will become the first “Number Cruncherz graduates”.

Each school taking part in Number Cruncherz will get to spend a full day at Sale Sharks’ home stadium in Salford to complete the programme. The structure of the sessions has been broken down into four parts, with children learning about income and expenditure; balancing needs and wants; budgeting; and how to make sensible financial decisions.

From September, financial education will form a critical part of the compulsory national curriculum in England for 11-16 year olds.

Number Cruncherz has been created with Year 7 pupils in mind, as this is the time when many children are given a higher degree of responsibility and can benefit from learning about responsible money management.

The UK's leading financial education charity pfeg provided expert guidance on the content of the Number Cruncherz programme to ensure it addressed the critical skills the charity believes young people need to develop.