Debt, bills, saving, goals...
We’ve all got them. Money can be stressful, whether it’s getting it or making the most of it. MyBnk helps young people across the UK understand and manage their money. Our experts have created a range of tools to enable you to do just that.
5-14 years old? Want to help your friends and fam learn to save? Head to our Home School website for fun courses and games.
Skill Up - Get £ Powers
An online course to help build your confidence and gain the skills to protect yourself from financial harm. Covers budgeting, financial knowledge, independent living, digital finance skills and debt prioritisation. Created in partnership with The Mix.
8 x 10 minute modules.
Borrowing & Debt
There may be times when you need to borrow money to be able to afford essentials in the short term. It’s really important that you know the basics before you borrow money, so take a moment to make sure you are clued up. Created in partnership with The Mix.
Now let’s take a look at the money that you’re earning. Created in partnership with The Mix.
Being on Benefits
Benefits are designed to be a safety net in a number of ways. It can sometimes be tricky to understand what you qualify for, so let’s take a look at benefits in more detail. Created in partnership with The Mix.
What is a Scam?
Sometimes people may try to steal from you, but there are ways to protect yourself. Let’s look at how to do this. Created in partnership with The Mix.
Household bills - Get the Skills
When you’re moving out of home for the first time, you may be surprised by some of the bills that you need to pay. Let’s take a look at the bills you need to be paying. Created in partnership with The Mix.
Budgeting - How to
Budgeting is not always the most exciting thing to do, but it is a really important way of ensuring that your finances are healthy. Let’s take a look at the basics of budgeting and some simple ways that you can do it. Created in partnership with The Mix.
Being Informed - Know Your Rights
You have a lot of rights when it comes to your money, however it can be easy to feel uncertain on where you stand. Let’s dig into the detail of what rights you have when it comes to your money.
Banking - Clock It
Banks use lots of jargon that can be confusing to understand, but it’s important to be clued up on how things work. Let’s go through some of the basics. Created in partnership with The Mix.
Uni Money Tips - Get Ready for Independent Living
Tools - Videos - Articles
Planning for uni can be overwhelming – especially the money side of things. But it doesn’t have to be. We’ve created a guide to give you the information you need to become financially independent covering student finance, banking, borrowing, budgeting and spending.
5 x 10 minutes.
Make Money Work - Take Control
A short sharp four part guide with handy tips, websites and apps to help you budget your money, keep tabs on spending and get good deals on products whilst avoiding scams and knowing how to borrow safely. Based on our Money Works course.
4x ave. 15 minutes
Tools - Videos - Articles
Turned 18 since September 2020? Born in the UK? You may have up to £2,000 waiting for you in a forgotten bank account called a Child Trust Fund. If you’re 16 you can take control of it, now!
Our financial education expert explains what it is, how you can get it and what you could do with it.
Text MSG Service - Get Saving Nudges
Struggling to save? Feel like you’re quite able to squirrel something away? MyBnk have created a free reminder tool to make sure you never miss that opportunity to stash your cash. Click the link below and start saving.
Financial Health Check - Know your £ self
We’ve created a money MOT designed to take your pulse and discover your true financial situation. There are one or two questions on seven everyday money topics so we can offer you targeted information, support or links if you need it. Created with The Mix.
My Moneycast: Livestream for young adults
A financial education livestream for 16-25 year olds. Our shows focus on personal finance news and features explainers, special guests and Q&As. Season two coming soon!
12 x 30 minutes
Making the most of your ca$h
As the coronavirus crisis develops, life as we know it continues to be reshaped. Feeling stressed about the money side of things? We give our top tips.
Planning for the future - How to manage your money
Now, no one can predict what the future holds, but important questions may be:
- What could you being doing now, to better prepare for the future?
- Which decisions could you be taking now, that would create more security for when you’re older?
I’m leaving the care system - How do I manage my money?
As a care leaver, our relationship with money can often be a bittersweet one. Especially if you’re between the ages of 16-18 and you have no other option but to claim benefits. Keeley, a MyBnk member of staff with experience of the care system shares her advice.
Coronavirus and money - An expert financial guide
You might be feeling uncertain about the future and understandably, lots of you will be anxious about money and have questions about what this means for your finances. We’re here to guide you through.
Buying a house or a car and reading your bank statements
Read this handy guide to find out all you need to know about buying some new wheels, a home, how to understand your bank statements and how to balance your spending and saving.
How to understand financial language - Bust that jargon
The language used to describe the world of money can be so confusing sometimes. To make things simple and easy to understand, we’ve put together a list of common financial jargon you might see and a description of what each one means.
What is money muling? - Get to know
You might have seen the posts on social media – people offering real cash in exchange for your bank details. It can be tempting to earn some quick and easy cash, but money muling can have some serious consequences.
Tips on understanding money as a young carer
For many of us, the world of money can be a bit of a headache. If you’re a young carer or a young adult carer, then you’ve also got loads of other things to factor in. Nick from MyBnk and Holly-Rae from the Carers Trust are here to guide you.
How do I decide where to live?
These seem like pretty big questions, but we’ve broken it down into an easy guide to help you decide by looking at key financial and lifestyle factors.
Youth Ambassador Programme
Had a MyBnk session? Aged between 11-25? Interested in empowering young people to take control of their money?
Then become a MyBnk Ambassador, gain skills, get experience and help bring financial education to life!
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!
Education & Facilitation Team
"Wealth comes in more ways than one".
“Don’t let making a living prevent you from making a life.” – John Wooden
"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]
"Better spend an extra hundred or two on your son's education, than leave it him in your will." ~ The Mill on the Floss by George Eliot
"The more you LEARN the more you EARN".
"Having money shouldn't cost you".
"Save money, and money will save you!"
"If money is the sea, learn to ride the waves".
"Your future depends on what you do today" - Mahatma Gandhi
"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".
"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".