Celebrate National Numeracy Day by volunteering for our family financial literacy programme, Abacus
Volunteer for our workshops helping primary school students understand the world of money.
Thursday 15 May marks National Numeracy Day. This is all about recognising that numbers play a big part in all our lives and helping people sharpen their skills and build their confidence.
Last year, over 150 volunteers from the Lloyd’s market helped children aged 9-10 and their parents explore the practical and emotional aspects of managing money and learning about financial concepts. This year we have more chances to volunteer and need our colleagues from the market to help us support financial literacy in our community. Abacus is a programme for 9 - 10 years olds and their parents at primary schools in Tower Hamlets. This is delivered as part of Lloyd’s Community Programme, which helps individuals achieve their full potential through support from the Lloyd’s market.
Abacus is a family programme that educates and promotes positive financial behaviour, key to our everyday lives. Volunteers can sign up to take part in a number of workshops delivered at schools in Tower Hamlets, in partnership with Tower Hamlet’s Education Business Partnership. Workshops include managing money, financial products (insurance) and its relevance in the workplace, as well as visits to the Bank of England and Lloyd’s itself. Watch our video below to get a flavour of a session.
Research shows that money habits are generally formed by the age of seven, and financial behaviours are heavily influenced by family. As a result of our programme, last year 71% of parents felt more in control of their money. 100% of teachers felt that their pupils increased their understanding of financial concepts and their appreciation for the value of money also increased.