The role that parents and carers play in talking to their children about money is key. Talk Learn Do is a financial capability intervention that was originally piloted across Wales in 2016–17 and delivered as part of two existing parenting courses, the Family Links Nurturing Programme and Incredible Years.
The two-hour session aimed to encourage parents of 3–11-year-olds to talk to their children about money and create opportunities for their children to experience managing it.
This video webinar for policymakers in Wales, run by the Money and Pensions Service (MaPS) and Campaign for Learning, shares more about Talk Learn Do, and how it could help the families you work with.
Talk, Learn, DoOpens in a new window is a digital tool that provides parents and carers with the skills and confidence to talk to their children about money. It also shows why it’s important to teach good financial habits from an early age.
It breaks down important topics into fun activities and bite-sized information, such as pocket money, saving and shopping trips.
Talk Learn Do can be used by practitioners who work with families in any capacity e.g. family care, social workers, education, youth work etc.
For practitioners who deliver the original face to face Talk, Learn, Do, the facilitator pack has been now been updated.
There are also accompanying assets.
Expore further resources to help parents talk about money with childrenOpens in a new window of different ages via our consumer website, MoneyHelper.
The final evaluation of the project, which was co-funded by Big Lottery Wales, reveals that Talk Learn Do was highly successful in achieving its objectives and had a positive impact on a number of measures. These include: parents’ knowledge on how to talk to their children about money; children’s ability to handle and manage money; and parents’ own over-indebtedness.
Talk Learn Do evaluation: financial capability intervention for parentsOpens in a new window (updated) (PDF/A, 23.2MB)
Talk Learn Do evaluation: qualitative case study report Opens in a new window (PDF/A, 1.7MB)
Talk Learn Do learning and policyOpens in a new window recommendations (PDF/A, 406KB)
Launch event in Cardiff: final evaluation results Opens in a new window (PDF/A, 3.4MB)
If you’re involved in delivering or designing financial education support initiatives for parents and families, these reports – which build on learnings from the pilot – will help to inform your policy development and practical solutions.
Overall, recent evaluation reports show an overwhelmingly positive view of the Talk Learn Do programme from practitioners and parents across the UK. They highlight what more could be done to ensure delivery remains effective, including moving to digital delivery.
If you would like to discuss these findings, please contact: firstname.lastname@example.org