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Vulnerable young people

 

MyBnk strives to work with the widest range of young people, including those that conventional education struggles to reach. We have forged partnerships with organisations to ensure we reach out to the most disadvantaged and financially vulnerable young people.

Our experts do this through face-to-face financial education and enterprise programmes, a Youth Advisory Panel and policy work.

A quarter of our work is in this area. We have reached thousands of young people in hundreds of youth organisations, councils and housing associations across London and the North and South West of England. Workshops help young people detoxify money management and overcome the barriers to independent living in areas like managing benefits, tax, prioritising spending, and debt.

We have extensive experience helping:

  • Leaving Care & Looked After young people.
  • Young Parents Groups.
  • Those in sheltered housing.
  • SEN, EAL and Esol students, including those with dyscalculia, dyspraxia or dyslexia.
  • NEETs, young offenders or those on probation.
  • Unaccompanied Asylum Seekers.

These groups are supported mainly through our Money Works programme – A dedicated series of financial literacy workshops that empowers 16-25 year olds and also, enterprise projects.

MyBnk engage using behavioural management techniques and audio, visual and kinaesthetic learning styles. We use extensions for Special Educational Needs, dyslexic students and for those whose first language is not English.

Where?

Our experts embed financial capability into intermediaries existing assistance programmes and actively work with 13 Leaving Care Units.

The response we get is that we go above and beyond the public sector’s statutory requirement to provide financial literacy lessons and supports young care leavers further into independent living.

Environments include:

Local Authority / commissioned services:

  • Leaving Care Units.
  • Pupil Referral Units, Young Offenders Institutes, Virtual Schools etc.
  • Local Authority led youth groups.
  • Connexions.
  • Supplementary schools.
  • Youth Offending Team & Youth Crime Prevention Team.
  • 14 – 19 Teams.

Other groups:

  • Housing Associations.
  • Training providers.
  • Non Local Authority youth groups.
  • Voluntary organisations working with young people and charities.

Vulnerable young people also sit on our Youth Advisory Panel, where we put their feedback and concerns at the center of programme development.

In addition, MyBnk is deeply involved in wider efforts to address social economic issues effecting young people – be it financial exclusion, youth unemployment or the care system. Please see our Policy section for evidence submissions, reports, studies and consultations.