Standard Life is working with the Scottish Book Trust to produce stories with a financial theme for children in primary schools.
Four Scottish authors are working on the project, called On the Money, including The Guardian children’s fiction award winner Alison Prince. Theresa Breslin, Jonathan Meres and Nicola Morgan have also signed up.
The aim is to bring financial education to primary schoolchildren through story-telling by producing four texts which will incorporate issues of financial responsibility such as attitudes to money, debt, entrepreneurship and the third world.
The project is targeted at primary school children because there is evidence that the patterns of behaviour regarding finance and people’s spending habits and attitudes to money are set by the age of 12.
The books are being pil-oted in Edinburgh, Glasgow and Renfrewshire and feedback will be used to allow authors to revise the stories before the books are offic-ially launched next May.
Standard Life Bank chief executive Anne Gunther says: “Through these partnerships, we hope to help change childrens’ attitudes and behaviour to money at an early age. It is projects like this that will help children become financially capable adults.”