The draft curriculum has been formulated by the Department for Education and the Personal Financial Education Group (pfeg).
Financial education will be offered to pupils in Key Stage 3 and Key Stage 4 from September 2014. It was first announced by Education Secretary Michael Gove MP back in February 2013 following petitions from pfeg and Martin Lewis from moneysavingexpert.co.uk
The draft curriculum is:
Key Stage 3
-functions and uses of money
-personal budgeting
-managing risk
Key Stage 4
-income and expenditure
-credit and debt
-insurance
-savings
-pensions
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Tracey Bleakley, chief executive of pfeg, said: "pfeg has campaigned for compulsory financial education for 13 years and has wide ranging support from teachers, parents, young people, employers and politicians.
"We are delighted to see greater prominence given to teaching children and young people about money in the new curriculum.
"This news sees us moving towards achieving our ultimate goal of ensuring all young people leave school with skills, knowledge and confidence to thrive and survive in society."
The last day to submit responses is 8 August and the curriculum is available to read at: https://www.gov.uk/government/consultations/national-curriculum-review-new-programmes-of-study-and-attainment-targets-from-september-2014

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