In the run up to My Money Week, (14-18 June)[i] which aims to interest young people in financial matters, Punter Southall Aspire is highlighting the importance of improving youngsters’ knowledge and skills.
Punter Southall Aspire has partnered with The Money Charity to deliver free online financial wellbeing workshops across the UK to younger people and those normally excluded such as prisoners.
Upbeat and non-judgmental, volunteer staff will seek to empower attendees to make the best financial decisions for themselves and their families, as well as offering tailored sessions focusing on financial issues facing younger adults.
A recent report from Mental Health UK and The Money Charity[ii] found low levels of financial literacy and confidence undermine the mental wellbeing of young adults. The report also reveals how mental wellbeing is significantly worsened by money worries.
Steve Butler, CEO of Punter Southall Aspire and Trustee at The Money Charity, says, “The earlier you start to learn how to manage your finances and develop good habits, the better.
“Our workshops cover the spectrum of financial issues such as debt management and borrowing, budgeting and keeping track, saving and investments and making your money go further.
“They aim to change the way you think about saving and improve financial wellbeing, which can also boost mental wellbeing as the two are so often linked. By building this knowledge, we can help people become better financially informed which will benefit them throughout their lives.”
For more information visit: www.psaspire.com