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Celebrations for young carers from Motherwell thanks to money management course
6 September 2012
Young people from Action for Children's North Lanarkshire Young
Carers project in Motherwell have been celebrating summer by
organising their own day out on a budget as part of an innovative
money management course.
The project's young people were tasked with putting their money
skills to the test in planning a group day out and a meal. They
were provided with a specifically designed resource pack offering
tips on how to organise an event on a budget.
North Lanarkshire Young Carers supports just under 140 children
and young people who are currently caring for a member of their
family who is unable to care for themselves. Spending time at the
project gives these young people a chance to receive practical and
emotional support, and share their experiences with other carers.
As part of this, the project aims to improve the young people's
financial capability through the Barclays Money Skills
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
Elizabeth Reid, Service Manager at North Lanarkshire Young
Carers, 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.
"It's great to see that, since taking part in the Barclays Money
Skills budgeting session, many of the project's young people have
already begun to change the way they think and feel about
Rachel Herbinson, Community Business Partner for Barclays in
Scotland and the North West, said: "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. It's essential that these young
people have the opportunity to build their financial skills and
"The budgeting resources include a planning checklist and a
step-by-step budgeting guide, which help make learning about
personal finances fun and engaging," continued Rachel.
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 North Lanarkshire Young Carers, contact
Elizabeth Reid on 01698 258 801 or visit www.barclaysmoneyskills.com