| Cultural Diversity Bulletin No 1: Unaccompanied Minors. |
Cultural Diversity Bulletin No 2: Islamic Investment |
Cultural Diversity Bulletin No 3: Community Finance |
- Pupils could devise an independent living budget to cover the cost of 'essentials' based on a weekly income of £42.00.
- Having devised a budget what money management tips could pupils offer residents at the hostel?
- For those unaccompanied minors aged 16-18 who are not able to open a bank account, what other methods of savings would pupils recommend they consider and why?
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- Name and describe three types of interest charging mortgages.
- Calculate the repayment value of a fixed interest rate mortgage, Murabaha, Liara wa iqtina and Musharaka Mutanaquisah. Which of these is best?
- Gather inforamtion relating to other islamic finance products,
compare to other non Islamic products
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- Perhaps one starting point is an examination of the financial services available within the local/regional area. How many banks, Post Offices, building societies and credit unions exist and where are they located?
- Pupils could obtain details of services and compare against
a set of criteria - type of accounts, the institution's
criteria for obtaining an account, interest rates charged
and provided, other services, opening times, travel distance
between offices, lending criteria, relationship between
saver/borrower and the institution etc.
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| Cultural Diversity Bulletin No 4: Delivery of cultural diversity in lessons |
Cultural Diversity Bulletin No 5: Information on Direct Payment |
Cultural Diversity Bulletin No 6: Pocket Money |
- 20 Top Tips on Planning and Classroom Management
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- Prepare a newspaper article: Pupils could prepare
an article for inclusion in a children’s newspaper
highlighting the main features of electronic banking. The
article could identify the needs these features will meet,
who would benefit from using this method of banking and
the benefits they would gain.
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- What sort of things might a parent buy for children in addition to giving them pocket money?
- What sort of things might children like parents to buy for them?
- Some children who receive money might choose either to spend or save it.
- What might a child spend this money on?
- What might they save for?
- Is it important for children to have access to their own money?
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| Cultural Diversity Bulletin No 7: Education Maintenance Allowance |
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- Teachers may be aware that for some young people, a lack of finance can be a major barrier preventing them entering further education.
- In 1999 the Government introduced Education Maintenance Allowance (EMA) pilots to encourage students from low income households to participate in further education.
- Since September 2004 the EMA has been widely available to students aged 16-19 who stay on at school or college.
- It is now nearly a year into the pilot and teachers may be interested to know
how the EMA is working.
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