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Young people from Leeds get to grips with their finances through money management course
26 July 2012
Young people from Action for Children's Care Leavers
Independence Project in Chapeltown, Leeds have been getting to
grips with their personal finances and celebrating their successful
completion of an innovative money management course.
CLIP, which is funded in partnership with Leeds City Council
Children's Services, aims to help prepare young people leaving care
to successfully make the transition into independent living. The
project staff work with the service users to help identify suitable
accommodation, offer emotional and practical support, and provide
opportunities to learn essential life skills, such as cooking
healthily and managing on a budget. As part of this, the project
aims to improve the young people's 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
Jeff Moody, service manager at CLIP, 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
"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 Chapeltown
and the surrounding areas."
This year, Action for Children projects will reach more than
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 CLIP or the Barclays Money Skills
programme, contact Jeff Moody on (0113) 200 7070 or visit www.barclaysmoneyskills.com