New Money Mantra for 13-year-olds

New Money Mantra for 13-year-olds

New Money Mantra for 13-year-olds


I loved the feedback from a class of 13-year-olds that they’d come up with a few more money mantras. It’s the first feedback we’ve received, since launching our new Teen Cash Class Activity Sheets for teachers to teach MoneySaving financial education.

While the lessons are aimed at Key Stage 4 and 5, one teacher used them in part for his class and then sent me this great Tweet…

From Euan Smith:

@MartinSLewis I used lesson ideas with Yr8 PHSE money management today. They created 2 more mantras "Are you allowed it?" "Is it useful?"

I love it. So these are the new 13-year-old Money Mantras:

If you’re skint
:

Is it useful?
Can you afford it?
Is it allowed?
Have you checked if its available cheaper anywhere else?

And for those who aren’t skint:

Will you use it?
Is it worth it?
Is it allowed?
Have you checked if its available cheaper anywhere else?

If the answer to any is no – don’t buy it.

Related past blogs

PS. I’ve just realised this is my thousandth blog – hoorah!


  • http://twitter.com/leighbob Leigh Caple

    All good advice but surely the last one doesn’t make sense in regard to the “If the answer to any is no – don’t buy it.? “Can you find it cheaper anywhere else?” No…doesn’t this just mean I’ve shopped around to get the best deal?

    Am I being dim?

  • http://twitter.com/MartinLewisMSE Martin S Lewis

    No you’re right.  I misremembered my own mantra! Have now changed it so its correct

  • Alex Murray

    It is just a scam to get money. I get “reclaim this …” or “you still have not claimed for the compensation you are due for the accident you had” etc. most weeks. I have never bought PPI or an accident. They also phone the house phone occasionally. 

    The companies know that 1 in 3-8 people have been mis-sold or had an accident so contact everyone they can. 1000 ignores for every 1 yes, makes them a lot of money

  • Anonymous

    I am trying to get my two children to understand the concept of saving and to practise counting and sums by having their own building society account. I am coming across one problem- that BS’s don’t like taking coins over the counter unless they correspond exactly to filling one of their money bags. This is totally counter-productive to  teaching them to save in their money box and then trot out to the BS to put it in their account. Anyone know of a good BS who will patiently count them ? Many thanks