Search results for ‘money’
34 Ways to save
34 ways to save money and improve your spending habits throughout all areas of your life, including technology, food, shopping, travel and socialising.
How to look after your personal finances
However well you think you know your money, there’s always an opportunity to boost your own financial capability and we’ve put together help in five key areas.
5 smart saving tips
Saving your money can be tricky so here’s some quick tips to help you get started.
How Income Tax and the Personal Allowance works
As an employee, you pay Income Tax and National Insurance on your wages through the PAYE system. It’s important to check you have the right tax code and pay the right amount.
Exploring ways you can start saving – virtual session
Identify and establish new habits going forward to help build up your savings.
Why salary isn’t everything
Salary is an important factor in choosing the right job, but here are some of the other benefits an employer can offer you that are also worth considering.
Make it Through the Month
Show you understand how to manage your money over the course of the month, by choosing between wants, needs and dealing with unexpected payments along the way.
How much does borrowing cost?
What is a credit card, overdraft and loan, we explain how they work and the costs involved
Getting the most out of independent living
Being newly independent is exciting, but can be daunting. From help juggling bills to top budgeting tips, learn to manage money like a boss.
Budgeting and how to stay out of debt
The chances are we’ll all have some debt at some point in our lives, but it’s important to budget and not to let it spiral out of control
Financial risks
Provide insight about everyday personal finance risks such as renting a flat or applying for a credit card.
Salaries and payslips
A knowledge of salary and payslips is the first step to better managed finances. Read how to introduce young care leavers to minimum and living wage here.
The budget game
Help students understand good spending and saving habits with a fun downloadable board game based on household budgeting.
Introducing insurance
The world of insurances can be scary for young care leavers. Introduce them to insurance benefits, terms and concepts with this tailored activity.
University finances
Help young care leavers understand the financial aspects of going to university, from types of university financial support to future repayments.
Planning for financial independence
Support young people to manage their finances and plan for the future, whether they’ve left home or are thinking about taking those next steps.
Financial survival skills
This lesson covers topics around managing finances safely, successfully and independently, including credit cards, current accounts, renting, insurance and fraud.
Dealing with financial dilemmas
Encourage students to consider attitudes to money, common money-related mistakes and threats, and how to safeguard financial information.
Credit scores and debt
Understanding what a credit score is and what affects it is the first step to successfully dealing with debt. Read how to help young care leavers here.
Needs and Wants
Explore the idea of ‘needs’ and ‘wants’ and discuss how these might change as they move through different life stages.