youthmoney

helping young people take control of their finances

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Entries from January 2008

Money go rounds

PJ White · 25 January 2008 --> · No comments

British beer drinkers are the most generous in Europe when it comes to buying rounds. So said the Sun this morning. It reported that many pub goers are “happy to buy up to six drinks without getting one back”. Young people’s money-handling skills need to cover the complex etiquette of round buying. A study reported [...]

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Tags: Managing money—education & learning · Money in the media

Why young people buy what they can’t afford

PJ White · 22 January 2008 --> · No comments

Do some young people spend more than they can afford on showy goods, such as expensive trainers, electronic gadgets or jewellery? Do they, at the same time, neglect some basics that could give them more comfortable and secure lives in the future? Yep. It’s a phenomenon that many will recognise. Why do they do it?

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Tags: Research, policy & trends

Choice discoveries

PJ White · 17 January 2008 --> · No comments

“Brits can’t be bothered to spend time choosing the right financial products”, runs a press release from fool.co.uk. They spend almost twice as long planning their annual holiday as they do considering a mortgage. You don’t say. David Kuo, head of personal finance at the website (that makes money by encouraging users to compare different products), does [...]

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Tags: Managing money—education & learning · Research, policy & trends

Free training

PJ White · 16 January 2008 --> · No comments

Young People and Money is a course offering financial capability training to those working with young people. Specifically, that’s young people not in education, employment or training (NEET). It’s all about empowering young people by improving their financial awareness and capability. Fairbridge is delivering the course in the north of England. It has the following [...]

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Tags: Tools & resources

Pay rate age discrimination

PJ White · 14 January 2008 --> · No comments

The unfairness of variable minimum wage rates was neatly identified by an 18 year old from the London borough of Newham. She was interviewed on BBC R4′s Moneybox programme at the weekend. Get the podcast if you want. Item starts around 18.27 mins into it. A shopworker, the young woman had just got a supervisor job. Yet her [...]

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Tags: Rights, rates & the law · Voices of experience