Paying For It
Paying for It is an economic awareness programme for 14-18 year olds.
It was run in partnership with Aviva UK for the last six years. In 2013, we are now looking for a new commercial partner to develop and expand the programme.
The free programme includes:
- lesson plans;
- teacher training;
- Chance to be Chancellor competition and resources;
- Youth Budget;
- employee volunteering programme for staff of sponsor companies.
What does it deliver?
The free lesson plans are designed to stimulate discussion around economic and public spending issues. Topics include health, environment, transport, education and employment.
Paying for It delivers aspects of the statutory citizenship curriculum at Key Stage 4, including:
- how the economy functions, including the role of business and financial services;
- the rights and responsibilities of consumers, employers and employees;
- the importance of playing an active part in democratic processes;
- encouraging students to express, justify and defend orally and in writing a personal opinion about such issues, problems or events;
- enabling students to contribute to group and exploratory class discussions, and take part in formal debates.
- brings interesting issues about money, finance and economics into the classroom, illustrating their relevance to everyday life;
- promotes stimulating and thought-provoking debate;
- integrates into PSHE, English and Maths curricula (and Modern Studies in Scotland).
How does it work?
Teachers register on the Paying for It website to download our free lesson plans . We provide free training to schools, local authorities and teacher-training providers on how to use the lesson plans and resources effectively to improve students' economic awareness.
This prepares the students to take part in Chance to be Chancellor , which challenges them to grapple with the UK Budget. There is also a competition element, which is available to participants in the challenge.
- Lesson plans available from September and have been updated for 2013.
- Training takes place between April and July and again between September and December.
- The Chance to be Chancellor challenge usually runs from January to March. It is unlikely to run in 2014, as we are developing the programme in readiness for a re-launch in time for the 2015 General Election. However, all the resources are still available.
Chance to be Chancellor
Chance to be Chancellor is our online challenge for 14-18 year-olds to create their own Budgets for the country.
This annual competition gives young people the opportunity to tell the Government how they think it should spend the public's money. These ideas are then presented to the Treasury, and in 2011 they formed the UK's first Youth Budget.
On 31 March 2011 the UK Treasury was presented with the first ever Youth Budget, which contained views on the economy from hundreds of young people. In 2012 we repeated this.
In 2012, more than 1,100 14-18 year-olds developed their own alternative Budgets as part of our Chance to be Chancellor competition.
These young people are not yet old enough to vote, but they will inherit the impact of economic decisions made by politicians today. Therefore this is an excellent opportunity for government to listen to their views.
We hope the Youth Budget will raise the profile of education for economic awareness.
Read the Youth Budget 2012
Using specially written resources, volunteers from Aviva work with small groups of young people on topics such as health, money, environment and public spending.
The sessions take place during normal class time at the convenience of both the school and the volunteers, and can be tailored to fit around what the students are working on currently in their Citizenship lessons.
If you are interested in participating please contact us.