No longer updating

It's a shame, but I'm no longer updating this website. Busy setting up new ventures.

I'll leave it up for anyone who's interested.

Thanks to all regular readers, and all the best for the future.

Cheers, PJ

Youth money thoughts

Anyone can learn about money.

Anyone can help anyone else learn.

Making mistakes doesn't mean you're hopeless.

Managing money is a lot about relationships & understanding other people.

Good financial education is not about turning people into more savvy consumers.

Good financial education starts with young people's interests and builds on their strengths.

Timing interventions

The secret of helping people learn to manage money is timing. Young people’s mindsets will be very differently receptive to the same messages at different times of their lives. Research suggests that key life changes are crucial points at which people can learn, and need to learn, new habits and skills.

Those significant periods will vary from person to person and their own circumstances, relationships and growth. But there are some obvious ones to watch out for that will always be key events for young people. They could be moves of school or college, birthday milestones, new entitlements, getting a part-time job, moving home, and obviously planning a move to independent living. All are potential times when “what to do about money” should come into focus. These will be potentially fertile times to be raising and responding to money management issues.

Use casual opportunities such as everyday conversations and incidents to pick up on what has young people’s attention. Focusing financial education makes it more relevant and meaningful.