These survival money management sessions focus on independent living, digital finance skills and debt prioritisation. Money Works is delivered to groups such as those not in employment education or training, supported housing residents, young people leaving care , young parents and those on employability programmes.
- Budgeting & Habits: Attitudes towards money, needs & wants, cutting back, budgeting, sources of income.
- Being Independent: Wage slips, tax & NI, benefits, universal credit, steps after move in, reading bills, household costs.
- Banking: How banks work, savings and current accounts, interest, forms of payment, choosing an account.
- Borrowing & Beyond Today: Forms of borrowing, credit history, debt consequences & prioritisation, looking forward, setting goals.
Young adults living on their own, or about to, are often in need of survival money management skills and actions they can implement immediately. Some of these young people also have low self-confidence around money management, so the Money Works programme contains a strong element of challenging negative attitudes, building self-belief and aspirations to move forward financially.
Tailored specifically to the target group and exploring personal money experiences, together we identify young people’s misconceptions and bad financial habits – ultimately breaking down the barriers to independent living and supporting those trapped in debt or struggling with the costs of living.
Money Works combines activities, discussions, lots of examples, personal experiences and story sharing. The content of the sessions is flexible to respond to learners’ needs and circumstances.
The Money Works programme maps into a range of accredited life skills, money management and employability certificates. Young people attending the full programme can also qualify for a Level 1 Personal Money Management accreditation.
Winner of the Children & Young People Now Leaving Care Award.
MyBnk Cancellation Policy: Cancellations and changes made to scheduled deliveries incur costs to MyBnk. Any changes made less than two weeks in advance will result in a £100 or, if less than three working days, £250 charge per MyBnk trainer. Full Terms & Conditions here.
From opening a first bank account and trading in real markets, to moving out of care and into independent living, MyBnk’s financial education workshops and enterprise experiences pack a BIG punch!
"Before MyBnk, I just spent"
"I'm getting them on this course!"
“MyBnk changed my life”
Impact After Our Programmes
decrease in those who considered their debt or rent arrears a burden.
increase in those willing to seek specialist support with money difficulties.
reduction in those needing credit to get by at the end of the week / month.
"What we do is creative and fun, yet so essential."
"I just want to help young people have the knowledge I never had. I want them to understand things like APR as much as they understand LOL."
“The impact of this is huge. As a former school pupil (and teacher), financial education has been hard to come by… until now!”
"MyBnk is inspired by input and ideas from young people, which makes it an exciting and fun place to work!"
"Money really does ‘talk’ and it’s important for young people to learn and speak the language of the financial world they will be entering one day. MyBnk makes it possible for young people to learn about money management in a fun, interactive and inspiring way and equips them for their futures."