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This text is a part of the FT’s Monetary Literacy and Inclusion Marketing campaign joint seasonal enchantment with Magic Breakfast
Because the Monetary Occasions launched its first seasonal enchantment practically 20 years in the past, a standard theme has run by our charitable efforts.
Earlier marketing campaign companions have targeted on a variety of excellent causes, however now we have usually linked up with charities that assist feed and educate younger individuals: from Camfed, our debut charity accomplice, which funds feminine studying in Africa, to WaterAid and Motion In opposition to Starvation, which intention to sort out extra existential threats.
This festive season, we fused these longtime pursuits in vitamin and schooling. The FT’s homegrown charity FLIC (the FT Monetary Literacy and Inclusion Marketing campaign) teamed up with Magic Breakfast for a joint enchantment with a twin focus: the essential distinction that correct vitamin could make to younger individuals’s capability to be taught, by way of wholesome breakfasts at college; and the essential distinction that studying monetary life expertise could make to younger individuals’s capability to go on to reside profitable lives.
With the assist of FT readers, we intention to lift greater than £100,000 to develop Magic Breakfast’s provision of free faculty breakfasts and speed up the rollout of FLIC’s programme of monetary schooling for faculties. The marketing campaign will run till the tip of the month and donations will be made at ft.com/donate. If you happen to haven’t but donated, please do take into account supporting our work. Particular person and company donations alike shall be enormously appreciated.
Amid a troubled world, there are a variety of deserving causes we are able to all assist — starting from charities that assist these in warfare zones or alleviate pure disasters to those who present for the destitute.
The work of FLIC, which I chair, and Magic Breakfast doesn’t intention to compete with such important causes. However in tackling the perfect methods to assist the following era, you don’t get extra foundational than our charities’ endeavours. Because the articles from this seasonal enchantment have illustrated, there’s a rising realisation internationally — from Finland to Indonesia — that nutritious meals in faculties could make an unlimited distinction to future lives.
Video: Sadiq Khan on starvation in London school rooms | FT
In our FT View to launch the enchantment, we highlighted a latest report by the UK’s Schooling Coverage Institute, a think-tank, that discovered under-fives who expertise meals poverty usually tend to have weak maths expertise and cognitive improvement. We adopted up with an evaluation of the junk meals disaster — and associated weight problems ranges — afflicting kids. A wholesome consuming initiative at Hackney’s Mandeville Main Faculty has been a trend-beating success, with deputy head Kaltum Yusuf reporting that children “just have more energy”.
Good monetary schooling initiatives have been no much less impactful. Barely a 12 months after we started rolling out our curriculum, FLIC is already current in additional than 600 faculties throughout England, with strikes throughout the remainder of the UK deliberate for 2025. A grounding in how primary finance works — from the ideas of bank cards and purchase now, pay later loans to the advantages of fixed-rate mortgage offers and tax-incentivised financial savings — is ever extra necessary, as shoppers are bombarded with on-line advertising and scams that always begin on the social media platforms.
Feed the long run
Help the Monetary Literacy and Inclusion Marketing campaign’s joint seasonal enchantment with Magic Breakfast
As Lucy Kellaway, veteran FT journalist turned trainer and FLIC trustee, present in Manchester, a FLIC lesson on the monetary dangers of on-line gaming left the category she visited rapt and armed with invaluable studying. “I can’t think of many 50-minute lessons I’ve given in an entire teaching career with such a cut-and-dried result,” she concluded.
FLIC is eager to see on a regular basis finance taught routinely internationally and made a submission to the UK authorities’s latest England curriculum overview to that impact. Because the charity expands its work to adults, together with the armed forces and NHS, it can additionally develop its focus past the UK. This 12 months will see FLIC develop a joint programme with Pratham, the India-focused schooling charity, to roll out a monetary literacy initiative there.
As a part of this 12 months’s seasonal enchantment we have been delighted to safe endorsements for the enchantment — and the work of FLIC — from key figures within the UK’s nationwide and native authorities. In a video interview London mayor Sadiq Khan spoke passionately concerning the stigma of meals poverty whereas schooling secretary Bridget Phillipson highlighted in an opinion article the federal government’s pledge to roll out breakfast golf equipment to all main faculties. As FLIC and Magic Breakfast pursue their missions to enhance lives nutritionally and financially, we hope to safe your endorsement, too. Thanks.
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