youthmoney

Cool and funky youth organisation Kikass is offering a series of its money mastery seminars next year. They are practical, designed for youth workers. They focus on attitudes, beliefs and behaviour—the psychology of money. And they are likely to tackle participants’ own money concerns as much as those of the young people they work with. [...]

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No one is born knowing how a hole-in-the-wall money machine works. Or that the industry calls them ATMs, or automated teller machines. So there’s no harm in practising in advance—getting familiar with the terms, the sequence of choices and the way of inputting requests. That’s the thinking behind the cashpoint simulator on the money matters [...]

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The banking industry seems pleased with itself. The British Bankers’ Association is trumpeting the take-up of basic bank accounts. It says that 7.4 million accounts are now in operation. Some 341,300 accounts were opened in the first quarter of 2008. Jolly good show. Some questions are not answered. Or even asked. One is, how many [...]

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Good that Nick Clegg, lib dem leader, chose to focus on helping young people with financial literacy. Sadly, his speech to a youth parliament earlier this week was far too heavy on the maths. “Financial literacy must become a comprehensive part of the maths curriculum,” he said. He’s simply wrong. Maths lessons are the wrong [...]

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National media are doing a pretty lousy job of covering the education maintenance allowance failures. Only the BBC news online seems to be taking it at all seriously—reporting the experiences of young people who’ve been let down and the frustration caused. It quotes Nigel Robbins, principal of Cirencester College in Gloucestershire, “There’s no sense of [...]

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Excellent 20-page magazine just published has a simple aim. To help youth workers help young people with money. Young People and Money was paid for by the Financial Services Authority. The financial capability section there deserves kudos for its commitment to help all young people with money matters. The design and production was carried out [...]

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Are young men really prone to spending small fortunes on expensive trainers?  No.  Are young people quick to adopt internet and phone banking?  Not so you’d notice. This, and more, is according to a fascinating set of profiles of spending, broken down into age groups and sex. Taken from a major bit of market research [...]

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