MyBnk has collated a list of recommended go to sources of advice and guidance for young adults.
Young people are particularly vulnerable to the current economic fallout of the Coronavirus. In a matter of weeks the UK has seen sudden voluntary pay-cuts, a loss of income, forced redundancies and a short-term shock to many households’ already fragile financial situation.
This list will be updated subject to new developments:
- Young Money Blog – Essential advice and guidance. Has it’s own YouTube channel and you can engage directly on Twitter.
- Government – Comprehensive guidance on mental health and wellbeing.
- Money Saving Expert – A wide range of guidance on multiple topical financial help and rights subjects.
- StepChange – Free debt advice online.
- Turn2Us – Benefits Information and benefits calculator.
- Which – Compiled supermarkets latest information, store policies, opening times, item limits etc.
- Citizens Advice – Gives free, confidential information and advice to assist people with money, legal, consumer and other problems.
- Financial Conduct Authority – Commentary on the situation, calls for action, and guidance for consumers on financial products.
- Studential– Information and advice for all students on GCSEs, A Levels, Apprenticeships, Enterprise and applying to university.
- The Care Leavers’ Association– Support for care leavers accessing further and higher education.
- Student budget calculator– A useful tool to help you calculate your budget, from Which.
- Student Money Saver -Deals, free stuff and how to make money.
- UNiDAYS– Big savings on student essentials.
- Save the Student– Publishes articles for students on how to make, save and spend money. Covid guidance here.
- Student Beans– Thousands of online and in store discounts.
- For prospective students: MyBnk’s ‘Next Steps’ booklet.