The Money House

A directly delivered and accredited financial literacy programme aimed at preventing youth homelessness – Taking referrals on a continuous basis – Based in Greenwich, Newham, Westminster and Haringey

Independently Assessed


Monday-Friday, 10.30am-3.30pm. A one day workshop can also be delivered. Non residential

Target Group

16-25 year olds

Group Size

4-10 young people

Information Sheet PDF



The Money House (TMH) helps young people in, or about to move into housing, manage their money and remain independent.

Participants gain practical financial and digital skills to pay their rent, bills and living costs whilst making informed choices about their future. Attendees can receive a Level 1 award in Money Management from ABC’s Entry Into Work Employability Module.

Sessions take place in a fully kitted out flat, not a classroom. It looks and feels like a typical flat that young people would aspire to live in when they get their own tenancy. Our experts help them become more confident about money and living on their own by providing real-life skills in a unique setting that brings financial education to life and helps prevent homelessness.

At TMH there are no lectures. Interactive games and activities involve young people in every aspect of their learning. Our Education Officers are young, trained, tested and enthusiastic, and it shows in the feedback we get from all the young people who attend.

virtual version is also available.

See our upcoming Open Days.

The Money House Youth Homelessness Report

Topics include:

  • Tenancy agreements Rights & Responsibilities.
  • Cost of moving in.
  • Avoiding eviction.
  • Paying household bills.
  • Choosing utility providers.
  • Banking – Accounts & Savings.
  • Borrowing safely.
  • Budgeting – Weekly & Monthly.
  • Spending habits – Good & Bad.
  • Shopping – Offers, consumer rights.
  • Benefits – Entitlements & Universal Credit.
  • Online safety and spotting scams.
  • Risks of money muling.
  • What’s next – Planning for the future?

Sessions also provide:

  • Extra support to understand benefit changes and implications – Universal Credit; LHA Housing Benefit Cap.
  • Digital skills to help them navigate the financial maze and make the most of their money – Open Banking; comparison websites; changing utility providers etc.
  • Signposting to relevant services that can assist young people further if required – StepChange; ChangeGrowLive etc.


  • Housing: For those eligible for social housing, accessing housing support from their local authority (LA), or moving into independent living in the private rented sector.
  • Already a tenant or has expectations of a tenancy: Living in LA supported housing, LA temporary accommodation, bidding for own social housing tenancy, accessing support from LA to help them into private or social housing or moving into private housing independently.

Referrals: To refer a young person contact or register your interest using our Referral Form.


  • Participants are three times less likely to have unsustainable arrears.
  • We see a 45% reduction in young people incurring bank charges and missing bills.
  • A 22% increase in those borrowing safely, and therefore avoiding loan sharks.
  • A 27% increase in confidence managing money, which exceeds the national average.
  • Landlords have reducing costs and securing more rent with fewer arrears.
  • Every £1 spent on TMH generates £3.36 in social value.

Data via Money Advice Service – What Works Fund 2018.

TMH is funded by SGN, Quilter, JP Morgan, Berkeley Foundation and Pimco.


Case Studies

From opening a first bank account and trading in real markets, to moving out of care and into independent living, MyBnk’s financial education workshops pack a BIG punch!

"It makes maths real!" Improving teens numeracy skills by understanding investment

“My Mind Has Been Blown!" - Shannon, 8, opens her first bank account and starts her savings journey

"Learning to live independently taught me I had worth" Leaving care and dodging bankruptcy

Impact After This Programme


Young people saving


Are now budgeting


Now have a current account

The Money House Team

"A fool and their money is soon parted".

Nick Smith-Patel

Head of Young Adult Education

"I want young people to understand things like APR as much as they understand LOL".

Carl Clarke

Lead Trainer - The Money House

"Never confuse the size of your paycheck with the size of your talent".

Laura Mattson

Quality & Training Manager

"Take care of the pennies and the pounds take care of themselves!"

Wayne Jordan

Senior Trainer - The Money House

“Always remember to spend on your NEEDS, before your WANTS”.

Shaneka Osaro

Lead Trainer - The Money House

"Don’t make money your goal. Instead, pursue the things you love doing, and then do them so well that people can’t take their eyes off you”. [Maya Angelou]

Natasha Gray

Pastoral Support Lead/Training Assistant - The Money House

"MyBnk is more than just a job. It's a lifestyle!"

Nadia Lamaani

Training Assistant - The Money House

"A wise man once said the best thing money can buy is financial freedom".

Tekisha Henry

Training Assistant - The Money House

“Spend your money on the things money can buy. Spend your time on the things money can’t buy.” - Haruki Murakami

Eloise Cook

Training Assistant - The Money House

"If you want to be wealthy, think of saving as well as getting".

Jade Edwards

Partnership Manager - The Money House

“ The same way every acorn has the essence of a tree, you have the essence of success".

Seraye Delnissaw

Project Coordinator - The Money House

“Many folks think they aren’t good at earning money, when what they don’t know is how to use it.” —Frank A. Clark

Andrew Corley

Evaluation Manager