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The National Youth Agency: Economic wellbeing briefings help to improve young people's finances

1 min read
Four new briefing papers from The National Youth Agency explore how developing the financial capability of disadvantaged young people can help them achieve economic wellbeing, the least well developed of the five Every Child Matters outcomes.

The briefing papers arose out of a conference, Right on the Money, organised by the Financial Services Authority, The National Youth Agency and Children & Young People Now, supported by Barclays, which took place in March. The four papers look at homeless young people, disabled young people, young people in vocational learning and looked-after young people.

For the homeless paper, 11 young people from different areas of London, supported by Centrepoint, took part in a focus group to explore the major issues affecting homeless young people. Their findings then fed into a workshop at the conference.

The key messages related to the lack of support from families and consequently the lack of a safety net, the difficulty of living on too low an income to meet their most basic needs and the attitudes of and support from adults, including employers, information, advice and guidance staff and social work staff.

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