A NEW scheme is helping parents and carers to teach their children about money and finances.

NatWest has launched Learn, Talk, Do, a new digital workshop that in just two hours aims to give parents and carers the skills they need to give their children that all important head start in life and build a solid financial future.

It provides parents and carers of children aged between three and 11-years-old with strategies, tips and more confidence to talk to their children about money.

There are six workshops taking place throughout July to choose from.

The workshop was created by the Money and Pensions Service and is being delivered by NatWest’s team of community bankers.

During 2016 and 2017, an in-person version of the workshop was successfully piloted in Wales and 99 per cent of attendees involved in the evaluation said they would recommend it to other parents.

The workshop is split into six core sections, which are brought to life through activities and discussion covering why we need to actively teach our children about money, how to teach children through everyday activities, and options for how best to put this into practice.

Gregory Couch, one of NatWest’s community bankers, said: “The workshop has been designed to be relaxed and fun, so you can take part whilst sat on your sofa with a coffee. If your children are with you too that’s absolutely fine, we know how difficult it is juggling things when you’re a parent or carer. All you need is access to Zoom.

“Today four out of 10 adults feel they are not in control of their finances and that’s why it’s so important we empower children from a young age so that as adults they’ll be more confident and secure with their finances.”

The workshops are on July 7, 6.30pm to 8.30pm; July 8, 10am to 12pm; July 13, 12pm to 2pm; July 14, 10am to 12pm; July 20, 6.30pm to 8.30pm; and July 22, 12pm to 2pm.

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