The Money Advice Service has an excellent team working to help youth practitioners support young people in money management. Earlier this year it published a series of good practice guides, designed for use in different youth-related sectors. The Money in the Mix booklets, which also appeared as supplements to Children and Young People Now magazine, [...]
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What happens if I only have £6 left in my account and the cash machine only gives £10 notes? The answer depends on whether or not your account has a buffer zone. If it has, you get the money, at no overdraft charge. Otherwise, no payout. This is just one question of many answered in [...] A young mother borrowed £1,000 from a doorstep lender to pay for furniture. Two years later she had repaid the company £3,800 at a rate of £159 a month. She still owed £600. Hers was one of the case studies featured recently at an event hosted by Leeds City Credit Union. The credit union gave [...] |
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