In particular, it wants to encourage "new ways of thinking about money" and to that end has produced a book, The Right Use of Money, with contributions from the likes of Polly Toynbee and Rabbi Julia Neuberger on how government, financial institutions, voluntary organisations and individuals can use money to promote social change.
What does it fund? There are two programmes. New Ideas is designed to support research and development projects that seek to provide support for "new thinking and informed innovation" in tackling financial exclusion.
Market Models is designed to help successful local projects to scale up to regional, national or UK-wide - a possible example given is a successful financial education programme for young Muslim women that wishes to make its work accessible and attractive to a similar age group from all cultural backgrounds across an area. Recently funded groups include Centrepoint, which was funded over three years to research the financial education needs of homeless young people and develop a series of workshops to demystify banking products to them. The Who Cares? Trust is receiving funds this year to devise and produce a range of tools that can help young people in care prepare for financial independence.
Register Now to Continue Reading
Thank you for visiting Children & Young People Now and making use of our archive of more than 60,000 expert features, topics hubs, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's Included
-
Free access to 4 subscriber-only articles per month
-
Email newsletter providing advice and guidance across the sector
Already have an account? Sign in here
