Money Mechanics

A ground-breaking financial education programme aimed at boosting the financial capability and inclusion of young Deaf and blind people in the UK.

Format

Delivered by our partners the Royal Association of Deaf people and supported by Players of the People’s Postcode Lottery.

Target Group

11-25 year olds.

Group Size

5- 15 young people.

Information Sheet PDF

Coming soon

Content

Over 500 11-25 year olds living with sight impairment or Deafness are learning how to budget, bank and borrow safely and access services thanks to the financial capability and inclusion project.

Money Mechanics focuses on helping young people learn how to manage their money, understand the costs of university and run their own enterprise. The programme will soon be scaled to other youth organisations. Beneficiaries build positive money habits and feel empowered to make their own informed decisions, helping to reduce dependency on their parents and improving their life opportunities.

The project contextualises several award winning programmes from the financial education charity MyBnk and will be delivered by The Royal Association for Deaf People.

There are several strands to Money Mechanics.

Bringing enterprise to life for Deaf youngsters

Money Smart:

  • VI Features of UK banknotes.
  • Where does money come from? What is money?
  • Risk factors.
  • Access to work.
  • Fraud & Gambling.
  • Careers.
  • Budgets.
  • Tax & National Insurance.
  • Calculating income tax.
  • Pensions & Auto enrolment.
  • Tax and the Bigger Picture.
  • Our Government Budget.
  • Needs vs Wants.
  • Compare the types of accounts.
  • Savings and Investments.
  • Borrowing.
  • Online Scams and safety.
  • Minimum Wage.
  • Identifying bank notes & coins.
  • Accessible Pay slips.
  • Shopping Challenge identifying the best deals.

Business-in-a-Box:

  • Social Enterprise. 
  • Skills & Team building.
  • Roles & Responsibilities.
  • Sales Strategy.
  • Price & Profit.
  • Sales Pitch Preparation.
  • Sales Pitch Presentations.
  • Group Presentations.
  • Skills Mapping.
  • Using your skills.
  • Employability skills.
  • Enterprise skills.

Supported by players of People’s Postcode Lottery, the ‘Dream Fund’ project will arm these young people with the skills to survive, thrive and live independently. We also intend to roll out the scheme via other charities nationwide.

Please register your interest at [email protected] and visit Twitter for the latest updates.