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City slickers raising thousands to bust debt for young Londoners in PruRide

 

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City accountants, surveyors, lawyers, and entrepreneurs are cycling nearly 1,000 miles of Olympic race track to help bring financial education to young Londoners.

On 31th July £9,000 is being raised by volunteers from Blackstone, Unilever and half a dozen other firms to help 500 young people bank, budget and borrow and assist scores of teachers to deliver complex personal finance lessons on budgeting, banking saving and careers.

We are channelling everything from the Prudential Ride London challenge to the frontline, arming young people with money skills in fun and impactful workshops.

For one week, all donations for are being doubled!

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UK youth unemployment is still stubbornly high, personal debt levels remain at an eye watering £1.4 trillion and a cost of living crisis still stalks the capital. City outfits such as Prudential, JPMorgan Chase, Aberdeen Asset Management, Franklin Templeton Investments and various Livery Companies have been supporting the delivery of MyBnk’s financial education projects for years.

“We believe young people can’t afford to learn the hard way. Join us and donate to create a financially literate and enterprise driven generation: building resilience and business acumen in our young people”. Guy Rigden, CEO MyBnk.

 

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