MoneySolve Disappointed Over Education U-Turn

By Moneysolve, PRNE
Tuesday, April 20, 2010

MANCHESTER, England, April 21, 2010 - Debt Advice experts at MoneySolve have expressed their disappointment at
the recent U-Turn on the financial education policy.

In January 2010, the Government announced plans to make finance related
education compulsory in schools from 2011, something that has so far been
desperately lacking on the National Curriculum. The money management classes
were set to be part of Personal, Social, Heath and Economic lessons in
schools, which, under the proposed reforms, were to become compulsory.
However, the Government recently declared a U-Turn on this policy after
failing to win the support of the Conservative Party.

Experts at MoneySolve fear this could lead to future generations
experiencing the same personal debt turmoil so many are suffering now,
commenting that, "We were delighted to hear about the proposed changes in
January. We've long said that education is absolutely essential if there is a
realistic chance of tackling the personal debt problem in the UK."

MoneySolve's advisors speak to debtors seeking debt consolidation
(www.moneysolve.co.uk/debt-consolidation) or advice on a daily basis
and believe that not knowing how to deal with debts causes further stress.

"We really hoped that the money management classes in schools would not
only cover budgeting and sensible spending habits, therefore helping to
prevent debt amongst young people in the first place, but would also help in
removing the taboo element of talking about finances and debt in particular.
We still feel that it's this that make so many people hesitate to seek
advice."

MoneySolve, Elizabeth Beesley, Astute House, Wilmslow Rd, Handforth, Cheshire SK9 3HP, +44(0)1625-544789.

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