Awareness is very low among young people about the help that is available for people who want or need help with their money. There is a lot out there if you know where to find it.
A lot is online, in the form of advice websites or money calculators to target advice at your own personal circumstances. Developing Apps to support money management is a booming business but there are almost too many to choose from.
Some advice (like the Money Advice Service) comes from the government as it wants us all to take more responsibility for our wealth. Some is from banks and financial services because they want to look like they care more. Other content is from private companies wanting to offering a service that will make them money. Each App, online calculator and money website tries to be different but they can look similar.
Rife Magazine and Quids in!, the national money management magazine, is laying down a challenge to young people. We want to know which products really help people, especially under-25s, take tighter control of the purse strings. Which are particularly good in Bristol and which ones work anywhere?
Research has found people respond better to advice from people who are like them – our friends, family and neighbours. Let’s share what we learn.
ACTION SQUADS
In groups, choose one of the following and explore what’s on offer and how good it looks:
A lot is online, in the form of advice websites or money calculators to target advice at your own personal circumstances. Developing Apps to support money management is a booming business but there are almost too many to choose from.
Some advice (like the Money Advice Service) comes from the government as it wants us all to take more responsibility for our wealth. Some is from banks and financial services because they want to look like they care more. Other content is from private companies wanting to offering a service that will make them money. Each App, online calculator and money website tries to be different but they can look similar.
Rife Magazine and Quids in!, the national money management magazine, is laying down a challenge to young people. We want to know which products really help people, especially under-25s, take tighter control of the purse strings. Which are particularly good in Bristol and which ones work anywhere?
Research has found people respond better to advice from people who are like them – our friends, family and neighbours. Let’s share what we learn.
ACTION SQUADS
In groups, choose one of the following and explore what’s on offer and how good it looks:
- Budgeting and monitoring spending
[Download] - Spending, shopping around and free stuff
[Download] - Maximising income through work and benefits
[Download] - Shopping around, starting with mobile phones
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