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Camilla, Duchess Of Cornwall, Urges Children To Write Poems About Money

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Forget writing poems about butterflies or climbing trees, current accounts and ISAs are set to be the inspiration for youngsters in a push to get them to learn about the importance of money.

The Duchess of Cornwall launched a national competition for young people on Monday, partnered with charity pfeg and Barclay's Bank, aimed at encouraging them to learn about money and finances, with projects for children and teenagers including developing their own A-Z of money through creative writing and improve their skills with cash.

money week

The Duchess of Cornwall talks with pupils at a girls' school

Money has rarely inspired great art, but the charity running the scheme is encouraging endeavours like an illustrated money alphabet, a short story or poem about cash, or a road map to help readers navigate through all of life's money decisions.

The competition is run by financial education charity pfeg (Personal Finance Education Group) and will be a key part of My Money Week, which runs from June 3 to 9, and aims to improve young people's financial capabilities.

The Duchess, who is patron of a number of literacy charities, said: "The My Money Week competition this year is setting young people from the ages of four to 19 the challenge to think creatively about The A-Z of money.

"I hope the competition will encourage them to find out about finance and have fun putting it into their own words."

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My Money Week is now in its fifth year and supports anyone teaching young people about money by providing fun and engaging resources and free advice and support.

This year the initiative has been expanded beyond England to reach the other nations of the UK for the first time.

Tracey Bleakley, chief executive of pfeg, said: "My Money Week is a great way to get involved in teaching children about money in a fun and engaging way, and we hope as many young people as possible get involved.

"Financial education is essential in equipping young people with the skills they need to manage their money well, now and in the future.

"With personal finance now set to be taught in the National Curriculum from September 2014, there has never been a better time for schools to get involved - and the My Money Week competition is a great place to start."

Six winners from different age categories will be chosen by a panel of judges.