On Friday I visited Action for Children’s The Extra Mile project to meet some of the young care leavers participating in an innovative national money management 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, providing them with the tools and support needed to improve their money management skills and gain a better understanding of financial matters.
This year, Action for Children will support more than 2,500 of the UK’s most vulnerable young people to participate in Barclays Money Skills sessions, including young parents and young carers, those in youth clubs and training centres, and young people leaving care. Other UK charities involved in the initiative to reach more than one million people by the end of 2012 include the National Youth Agency, UK Youth, Youth Access and the Citizen’s Advice Bureau.
The support Action for Children and Barclays are giving young people in helping them get to grips with their finances is greatly appreciated. For many young people, it can be difficult to manage their money effectively. The Barclays Money Skills programme is a really practical way of equipping these young people with the knowledge and tools that will help them do this.