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Young parents from Furness get to grips with their finances through money management course
25 July 2012
Young parents and parents-to-be from Action for Children's
Furness Children's Centres have been getting to grips with their
personal finances and celebrating their successful completion of an
innovative money management course.
The centres work within the local community to offer support and
advice on many aspects of family life such as safety in the home,
healthy eating and improving financial management skills. Support
workers from the centres also offer group and individual work for
children and young people (up to 19 years old) on increasing
self-esteem and providing an outlet for social activities. As part
of this, the projects aim to improve their financial capability
through the Barclays Money Skills programme.
Action for Children is working in partnership with Barclays to
deliver the Barclays Money Skills programme to young people who may
be struggling to manage their finances. They are provided with the
tools and support needed to improve their money management skills
and gain a better understanding of financial matters, covering
topics such as budgeting, managing bank accounts, and credit and
Pauline Read, a family support worker for the centres, said:
"Managing personal finances has become increasingly more complex
and it is easy for young people to make mistakes that have a huge
impact later in their lives.
"Since starting the Barclays Money Skills programme, many of the
project's young people have begun to change the way they think and
feel about money and have gained such confidence in their
abilities, which is fantastic to see!"
Cathy Appleby, programme manager for Barclays Money Skills at
Action for Children, said: "It's essential that young people have
the opportunity to build their financial skills and confidence.
"Many of the young people that Action for Children supports face
a particularly challenging set of circumstances and need practical
financial advice to help them manage their money
effectively. We are working together to make a very real and
sustainable difference to the lives of young people in
This year, Action for Children projects will reach 2,500 of the
UK's most vulnerable young people aged 16-25 through Barclays Money
Skills sessions, including young parents and young carers, those in
youth clubs and training centres, and to help young people leaving
care prepare to manage their own tenancy for the first time.
For more information on Action for Children's Furness Children's
Centres or the Barclays Money Skills programme, contact Pauline
Read on 01229 476980 or visit www.barclaysmoneyskills.com