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Life, Money, Action on-line resource for 16-24yr olds

06 December 2017

The National Skills Academy for Financial Services have developed some new, freely available, online resources to support 16-24 year olds with their money management. The resources have been developed with help from 16-24 year olds, as part of the Life, Money, Action! project. 


They are designed to help young people take action and make informed decisions about their financial circumstances and are available on the Life, Money, Action website. 

There are 3 resources covering: 

Contracts: 

Highlights the key questions to ask before taking out mobile phone, employment, tenancy and utility contracts.


 
Debt Quiz:

Through a range of animations, this quiz explores how different approaches to debt can have a positive or negative impact on a situation. The themes covered are:

 

  • Covering the cost of traveling to work
  • Student loans
  • Overdrafts
  • Buying on credit
  • Store Cards

 
Real Stories:

An audio based resource, where young people share their stories about money related challenges they have faced, how they dealt with them and what they learnt. There are six stories, covering:
 

  • Dealing with debt
  • Budgeting at university
  • Managing bills
  • Financially supporting others

Using the resources

The resources can be used independently by young people on their phone, tablet or PC or with support from youth practitioners e.g. incorporating them in a one-to-one session or into group activities. 


National Skills Academy are also encouraging people to tell them what they think of the resources through a feedback survey which can be accessed through the Life, Money, Action! website.  Anyone completing the survey will be given a chance to enter their £100 voucher competition. 
 

To access the Life Money Action Website, you will need to create an account with name, email addres and password, on the NSA website at:

lifemoneyaction.nsafs.co.uk/what-we-do/

Digital Resources graphic from National Skill Acadamy

News

Life, Money, Action on-line resource for 16-24yr olds
The National Skills Academy for Financial Services have developed some new, freely available, online resources to support 16-24 year olds with their money management. The resources have been developed with help from 16-24 year olds, as part of the Life, Money, Action! project.

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