APPG Report on Financial Education
posted by MyBnk on Tue, 20 Dec 2011 09:47:53
You may have noticed, it’s been a pretty big year for financial education. In the last few weeks of 2011 we have had a report from the dedicated All Party Parliamentary Group (APPG), a three-hour debate in the House of Commons and popped up in Prime Minister’s Question Time twice. It’s a long way away [...]
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Hidden perils of library fines et al – A MyBnk investigation
posted by MyBnk on Mon, 12 Dec 2011 12:21:31
Rent, nights out, food and travel – these are the things you think of when you’re staring at your new shiny student bank account. BOOKS? Well, they come free down the library don’t they? Hmmmmm. Limited books and borrowing times means most have to buy textbooks, the average unigoer spends £310 a year on purchasing [...]
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Our Global Enterprise Week in Numbers
posted by MyBnk on Tue, 15 Nov 2011 17:15:18
For the five days of Global Enterprise Week, 6 MyBnkers bring money knowledge and enterprise experiences…. To: 3,400 young Londoners With: 53 Sessions, 36 One-to-One Money Advice Courses, 17 Events Launching: 2 social enterprises, 2 Youth-Led Enterprise banks, Creating: 12 bankers, 30 social youngtrpruners, 3 social enterprises In 10 Boroughs, 7 Secondary Schools, 3 Young [...]
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The value of legacy – from 1920s Lancashire to 2011 London Docklands
posted by MyBnk on Tue, 08 Nov 2011 11:28:54
A few weeks ago, 25 Year 12 students at George Green School took part in an all-day programme to understand how money works, and the way it can affect their choices and their future. This was all thanks to our very first legacy donation from Mark Clitheroe and his family. Being young in 2011 Tower [...]
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Youth saving, youth learning
posted by MyBnk on Wed, 02 Nov 2011 16:49:04
This week, Junior Individual Savings Accounts went live to 6 million. At the same time it was also announced that 55,000 young people in long-term care can receive £200 and a savings account. Whilst financial education is primed for debate in the House of Commons, youth saving is now taking centre stage – personal debt [...]
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Financial education to be debated in Parliament as petition hits 100,000
posted by MyBnk on Mon, 31 Oct 2011 12:53:32
Making money lessons compulsory in schools will be debated in the House of Commons after an e-petition received over 100,000 signatories. Personal debt is at a record £1.5 trillion, around £9,000 per person, and 90% of the UK population have never received any form of money management lessons. MyBnk has backed the drive since Martin [...]
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At the heart…..
posted by MyBnk on Wed, 24 Aug 2011 10:23:14
Last Friday Team MyBnk decamped to Baden-Powell House, South Kensington, opposite the dinosaurs at the Natural History Museum, for the National Council of Voluntary Youth Services Showcase! We’re shortlisted for their Young Partners Award along with Hungerford’s Wired Rock Cafe, who provide music space and development and Aik Saath, who work towards community cohesion in [...]
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From iphone to self-employed! An enterprising MyBnker’s Money Journey….
posted by MyBnk on Mon, 15 Aug 2011 11:58:55
Reece Lovett is 18 and unlike some friends has decided not to go to university this September. Instead he is working part time and running his own small business – this is his money journey. Around four years ago Apple had brought out their new iPhone and my parents had told me they would not [...]
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“I’m gonna start taking money seriously now – I’ve got a mortgage!” 1st year uni student & New London Citizens Money Mentor
posted by MyBnk on Wed, 03 Aug 2011 10:48:49
Schools out, exams done, decisions made. The 16-18-year-olds who sat those tests have had a tornado of a year, juggling political activism and studies amongst the talking, striking, arguing and fighting over tuition fees, EMA, pensions and budget merry-go-rounds. Come September most young students can no longer count on that £15-30 a week and 75% [...]
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“I experienced the world of business – it was epic!”
posted by MyBnk on Wed, 20 Jul 2011 15:20:40
“Today is our special day. It’s when everything happens” – 13-year-old Mahmudul, looking proudly at his enterprise club mates on market day. A law firm, an art teacher, his students, a charity and a cafeteria, between all this, is a young person’s first enterprise experience . We’re standing next to a stall in Allen & [...]
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