Format
4 days. Tuesday – Friday, 10.30am – 3.30pm
Target Group
16-25 year olds
Group Size
5-7 young people
Virtual Money House (VMH) is a live online accredited financial literacy programme aimed at preventing youth homelessness.
Young people living on their own, or about to, often need money management skills to help stay independent.
With us there are no lectures, no jargon, no judgements – just straight up, fun and easy-to-understand money tips and talk. This helps them become more confident about living on their own.
Our trainers are trained, tested, enthusiastic and near-peer, and it shows in the feedback we get from attendees – many of whom say: “I thought this was going to be boring”.
These secure expert-led sessions take place on Zoom. Young people require a PC, laptop or smartphone with a working microphone, speaker, webcam and stable internet connection and a quiet environment. To substitute lunch provision, participants get a supermarket voucher at the end of the week.
A direct in-person version is also available.
Keeping your tenancy:
Aspirations and Independent Living:
Money Management:
Young people who are:
To refer a young person contact themoneyhouse@mybnk.org. Existing referrers can use their referral form or our online booking system.
Data via Money Advice Service – What Works Fund 2018.
"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
Young people saving
Are now budgeting
Now have a current account
"A fool and their money is soon parted".
"An investment in knowledge pays the best interest." - Benjamin Franklin
"I want young people to understand things like APR as much as they understand LOL".
"Take care of the pennies and the pounds take care of themselves!"
“Always remember to spend on your NEEDS, before your WANTS”.
"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]
"MyBnk is more than just a job. It's a lifestyle!"
"A wise man once said the best thing money can buy is financial freedom".
“Spend your money on the things money can buy. Spend your time on the things money can’t buy.” - Haruki Murakami
"If you want to be wealthy, think of saving as well as getting".
“ The same way every acorn has the essence of a tree, you have the essence of success".
MyBnk is a registered charity in England
and Wales (No. 1123791) and
Scotland (SC050175 ) and
a company limited by
guarantee (No. 6215005)
