Money management training works. It can sound dull. It can be hard to persuade people onto training courses and programmes. But once they’ve had a taste of it, they’re often converted. Here are two videos that capture some of the enthusiasm from participants who’ve grown in skills and confidence.
The first is from a one-day simulation run in schools by an education company, Ambitious Minds. Called Keep the Cash!, it challenges students to discuss their aspirations, agree a lifestyle, then make it sustainable, while juggling home and jobs, income, debt and cash flow. Just like adult life.
The second, Quids In, is from financial skills training for social housing tenants. It was delivered by Bedworth, Rugby and Nuneaton Citizens Advice Bureau to tenants of Orbit Heart of England Housing Association. The enthusiasm of those for the budgeting and money-saving exercises are clear. Almost all – 94 per cent – said they would recommend the training to a friend, neighbour or relative.