Course Info - General Descriptions

Five main topics will be covered on the Young People and Money training day:

Understanding the psychology of young people and money

• Looking at who we are talking about and their current experience
• Understanding attitudes and behaviours to money, and identifying needs
• Making positive choices

Helping young people make the most of their money

• Dealing with benefit issues
• Saving and Banking
• Essential/non essential expenditure
• Planning and thinking ahead
• Making ends meet

Enabling young people to make informed choices about saving and borrowing

• Common reasons for and local sources for saving and borrowing
• Costs of credit
• Comparing credit deals and options

Embedding in Practice

• Planned practice programmes
• Unplanned learning opportunities
• Using energisers and exercises to engage young people

Helping young people to manage debt

• Looking at the range of debts young people might have
• Identifying priority and non priority debts
• Top tips for dealing with debt
• Knowing when, where and how to refer young people for debt advice

At the end of the training day, delegates will be able to:

• engage young people in financial matters;
• appreciate the factors that influence young people in their attitudes and behaviour to money;
• enable young people to take positive action to make the most of their income and spending choices;
• inform young people about the different banking services that are available to them to help them manage their money;
• enable young people to make informed choices about saving and borrowing money;
• assist young people in effectively managing their debts;
• build financial capability into their work with young people; and
• identify and access further learning opportunities and resources.