Martin Lewis, the creator of MoneySavingExpert.com and a campaigner for financial education in schools, is jubilant that personal finance will be taught in all maintained secondary schools from September 2014.
Mr Lewis says that yesterday the Government published the new curriculum with personal finance "firmly part of the Key Stage 3 and 4 citizenship curriculum and Key Stage 3 mathematics".
He says the Government has kept its word as the published curriculum includes all that was promised. Future generations will now learn about issues that have an impact on their lives, such as budgeting, credit, debit, insurance and pensions.
MoneySavingExpert.com has been working with the Personal Finance Education Group (Pfeg) and the All Party Parliamentary Group (APPG) for Financial Education for Young People for years campaigning for compulsory financial education in schools.
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Martin Lewis, creator of MoneySavingExpert.com, said: "If you forgive me, WOO HOO! The consultation is over, financial education is now, for the first time, an official part of the English national curriculum.
"The campaigning of so many people, including the 100,000 who signed the e-petition that forced the parliamentary debate that made this happen, has paid off. In 20 years' time, if we get the launch right, we should have a much more savvy and less ripped off populace due to this. A boon for the country.
"However as the national curriculum is only compulsory for around half of schools; the rest due to being free schools or academies don't need to follow it – the campaign doesn't stop here.
"The next step is to ensure parents, teachers and head teachers of the other schools realise its importance and teach it as well, even though they don't have to. So Pfeg, the APPG on financial education and I will continue to work together to try and make that happen too."