Today’s guest blog comes from Brian Souter, Education Manager for DebtAware. DebtAware is the name for the financial education work of national debt charity Debt Advice Foundation. The premise of the programme is that many people find themselves in serious debt because of a lack of financial capability, therefore, young people should be given the […]
Posts in the Financial Capability category:
Parents who “protect” their children from money issues could be harming their ability to manage money in adulthood
In today’s guest blog, Kirsty Bowman-Vaughan, Children and Young People Policy Expert at the Money Advice Service, discusses the Service’s report into the financial capability of children and young people. We’re thrilled to be releasing today’s report. Our aim was to provide a comprehensive overview into the way that Britain’s children and young people approach […]
MyBnk – Young People and FinTech
In today’s guest blog as part of #YoungMoney17, MyBnk, a UK charity delivering financial and enterprise education to 7-25 year olds, share how they brought their expert-led intervention workshops to life by incorporating digital skills into their programmes. To feature your own blog, contact joe.cockerline@moneyadviceservice.org.uk. A lack of digital and money management skills is […]
James Lalley: Financial Education – powerful messages and memorable experiences
As part of Scotland’s Financial Education Week, we’re featuring a number of guest blogs from practitioners and thought-leaders in the field of financial education. Education Scotland’s James Lalley gives his thoughts on why financial education for young people is so vital in a changing world. Much has been done over the past ten years or […]
NASMA presents WASTE NOT WANT NOT: National Student Money Week 2017
“Wise use of ones resources will keep one from poverty” –proverb When it comes to effective financial education, some of the old sayings remain the best. Your grandmother might have told you to “Measure Twice and Cut Once.” The older you get the more you find yourself thinking, “Yes. Pennywise and Pound-foolish. Absolutely true”. NASMA […]
MyBnk – The vital importance of financial education
MyBnk, a UK charity delivering financial education and enterprise programmes to 5-25 year olds, has won a Guardian Charity of the Year Award for their work. Their CEO, Guy Rigden, reflects on 2016 and the cause for collective optimism. Our sector leads with the ‘need’ when advocating financial education. It is great, universal, and […]
Collaboration is crucial for youth capability
Today’s blog comes from Child & Youth Finance International. More than ever, there is recognition about the importance of financial capability amongst children and youth. Financial capability across the UK remains a critical issue, and with rising debts amongst youth, high levels of youth unemployment and challenges for young people buying their first homes, it […]
Educating the next generation
This edition of the Financial Capability Week Guest Blog comes NatWest and is focussed on the importance of financial education for young people. Last week, NatWest appointed Mog Stinchcombe of Channel 4’s Child Genius to help us better understand the big questions young people have about money and to show how our MoneySense programme can help […]
Budgeting and keeping track, Credit use and debt, Financial Capability, Financial education, FinCap Week 2016, Guest Blog
Finances with feeling – stopping cyclical debt
This edition of the Financial Capability Week Guest Blog comes from Quaker Social Action (QSA) is a small, independent charity working in east London and beyond to tackle poverty. I am talking to a family worker in an east London children’s centre. “I would organise an individual voluntary arrangement or a debt management plan for an […]
University of Bolton – Are you money savvy?
This edition of the Fincap Week guest blog comes from Hoot Credit Union. When it comes to managing your household budget, saving energy, applying for credit or knowing what your credit score means do you know what you are doing? Around four out of ten adults do not know their current account balance to within […]