Format: 3 x 2 hour weekly sessions delivered by MyBnk trainers at a host organisation

Target group: Young adults aged 16-24 moving into independent living. Groups we have worked with include NEET youth groups, hostel residents, and young housing association tenants

Group size: 6 to 15 young adults

Money Works Content 

- Session 1: Attitudes towards money, Goals and financial control, Bank accounts
- Session 2: Making the most of your money, Where does the money go, Budgeting
- Session 3: Bills and debt, Dealing with debt, Actions and wrap Up

Money Works Accreditation
The Money Works programme can count towards ASDAN accredited awards and as an individual AQA Unit Award in Budgeting & Debt Management through the host institution. From early 2010 MyBnk will offer AQA Unit Awards as a registered centre.

MyBnk working with Young People
By being involved in the Money Works programme, attendees will be invited to join the MyBnk Youth Advisory Panel, where they can get involved in youth participation activities, have access to work experience and volunteer placements within MyBnk and beyond, and take part in various youth events. All these serve to improve the young persons’ employability skills, as well as raise aspirations.

Case Study
Draper City Foyer, which provides supported housing for 16 to 24 year olds, ran a Money Works programme for residents in the evenings. Residents gave up their free time to attend and got a lot out of the sessions, with one participant commenting: 

“I finally understand what APR is and how it works!”