Best Practice

Good Practice: How a money skills scheme is helping vulnerable young people

2 mins read Education
Barclays Bank and Action for Children are working together to offer vulnerable young people training on managing their money better.

Project Barclays/Action for Children Money Skills programme

Funding Funded by Barclays Bank as part of a £15m investment over three years in partnership with Action for Children, the National Skills Academy for Financial Services and the National Youth Agency

Purpose To give young people a better understanding of how to manage their finances

Background Barclays Bank and the charity Action for Children have worked in partnership for a number of years on schemes designed to boost families' financial know-how. But this year they have decided to focus on working with vulnerable young people under the Barclays Money Skills initiative, which is targeting 16- to 24-year-olds through a range of organisations. "The pressure on that age group has grown over the past few years with challenges around managing their money greater than they have been before," says project manager Cathy Appleby.

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