Money for Life was a very successful programme funded by Lloyds Banking Group and coordinated through UK Youth with delivery partners across the UK . Delivered by peer educators, called Money Champions, alongside youth workers, the programme built practical money skills and confidence to empower young people to make the most of their money and feel financially capable.
In The Mix Project delivered this educational project and informal training in Somerset within schools, colleges and other youth organisations for 16-25 year old young people, cared for individuals and those in supported accommodation or recently undertaking independent living.
Training topics included; employment rights, regular bills and independent living costs, tax and HMRC, budgeting and savings, reading payslips and bank statements.
An additional mini programme was produced for year ten 10 and 11 student PHSCE lessons in secondary school specialising in savings, employment info and pre-independence advice. This programme encouraged young people to think seriously about savings, managing expenditure and organising personal finances.
Groups were also able to organise their own community challenge, aimed at teaching them budgeting and financial management. Three of these events were organised with groups in Taunton including a community café, advice centre and a money matters workshop providing experience and a vital community service.