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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 [...] 
Is passing the driving test a realistic possibility for young people? Or an unaffordable dream? Ask them, and you will get an opinion. That may be a hunch and may be right. But it is not hard to come up with an accurate total estimate. This might challenge some initial assumptions, and perhaps begin a [...] What happens if a teenager gets complete control of a monthly budget? There’s a thoughtful and entertaining article relating journalist Chris Wheal and his son’s bold experiment in this morning’s Independent. ‘Money? You’re on your own, Son’ is part knockabout – with endless digs at perceived teenage failings. But it’s packed with sound, practical experiential [...] …the skills needed to balance a budget on an inadequate income – when there are no spare resources to cope with unexpected emergencies, such as household repairs, particularly without the benefits of credit cards or a bank account – are rarely considered. Frequently, reports suggest that families in poverty are bad at budgeting. The evidence [...] |
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