
Format
2 X 4 hours or 4 X 2 hours

Target Group
16-25 year olds

Group Size
3-10 young people
Content
Young people living on their own, or about to, are often in need of survival money management skills and actions they can implement immediately.
Online and in real-time, these live, secure and expert-led virtual lessons help them directly confront their money worries.
Sessions cover:
- Budgeting and Household Costs: Attitudes towards money, needs & wants, cutting back, budgeting, reading bills and household costs.
- Your Income: Sources of income, wage slips, tax & NI, benefits, Universal Credit and sanctions.
- Banking and Being Informed: How banks work, savings and current accounts, interest, forms of payment and choosing an account.
- Borrowing and Debt: Forms of borrowing, credit history, debt consequences and prioritisation.


Virtual Money Works has a strong focus on embedding digital skills. By delivering online, we increase young people’s access to and use of digital tools to manage their money. Their increased confidence and new abilities help motivate them to make practical financial decisions and plan for their future.
Other topics cover: finding information, shopping around, accessing financial services, checking credit scores and online banking. Virtual Money Works maps into a range of accredited life skills, money management and employability certificates.
Young people attending the programme can also qualify for a Level 1 Personal Money Management accreditation – and in Scotland an SQA Level 4 Unit Award.
This course is a variation of our face-to-face Money Works programme.



Impact After This Programme
60
Drop in average debts
23
Increase in regular saving
28
Increase in life satisfaction
Education Team

"Wealth comes in more ways than one".

"A fool and their money is soon parted".

"The question isn’t at what age I want to retire, it’s at what income.” [George Freeman]

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

"There are people who have money and people who are rich". [Coco Chanel]


"The more you LEARN the more you EARN".

"Having money shouldn't cost you".
Facilitation Team

"Save money, and money will save you!"

"If money is the sea, learn to ride the waves".

"Money speaks every language in the world".