About Us
Young People and Money has been developed by the Financial Services Authority (FSA) in partnership with Citizens Advice and leading youth charity, Fairbridge. Produced with young people in mind specifically those not in education, employment or training (NEET), the programme aims to empower young people by improving their financial awareness and capability.
"Really enjoyable training. Attention kept all day which is rare"
Paid for by the FSA, Young People and Money is a free, one day training course that delivers financial capability training to those working with 'NEET' young people. The course is designed to improve their confidence by better equipping them to support their young people in becoming financially capable. Free materials designed to support participants and their organisations are given on the day.
"I really enjoyed every bit of the training today"
The Young People and Money programme is being managed by LifeLine and delivered across the UK by A4e, Citizens Advice, Fairbridge and LifeLine - organisations with excellent track records in reaching young people in the 'NEET' group. The programme aims to train 20,000 of those working with 'NEET' young people by 2010.
"Excellent training"
Course 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.
