Why are the young people on the right celebrating? Because their money skills have just been recognised.
The team of Paige Sparrow, Ryan Gardener, Alex Mayhew and Shannon Mears from ACT in Bridgend in Wales ran a project on practical ways to cut spending, particularly on food, for themselves and other 16-18 year olds [...]
How do you write a cheque? If you are a bit hazy, how easy is it find out?
I just tried to discover what help there is online, starting with the website of the Personal Finance Education Group or pfeg. It says it is the UK’s leading finance education charity. “We provide resources and lesson [...]
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, [...]
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 [...]