BNY Mellon and Salford Foundation have developed a project that equips young people aged 8 to 19 with skills and experiences that they can use in both financial industries and their personal lives. The project provides a range of skills days that caters to all young people.
The new project is responding to its funder’s global philanthropic objectives:
- Supporting the economic and financial empowerment of people in need to power a more inclusive and innovative ecosystem by advancing access to capital, markets, business networks, technology, training and equal protection under the law.
- To invest in education and curricula that focuses on developing the workforce of the future or supports the re-training, re-skilling or re-tooling of people.
The project is split into two tiers; each tier offers different workshops aimed at different age groups to improve these young people’s skills and generate interest from them. Following is a breakdown of both tiers offered by the Inspired to Aspire Money Matters programme.
Suitable for students aged 11-19
BNY Mellon has creatively invented a way to engage students with real working skills learnt in school. Top Trader is a fun and interactive activity giving an insight into: stocks and shares, commodities, currencies and the financial markets. Top Trader provides each team with a number of fictional business days, where they can invest their cash, buy and sell a wide range of assets, make profit or lose thousands. Students get a real chance to develop their financial awareness, decision making and team work.
Money for Life
Suitable for students aged 16-19
“60% of young people aren’t taught money management skills at school” due to this UK Youth have developed the Money for Life programme. Money for Life empowers young people to feel confident and start talking openly about money through fun and interactive activities. The programme is split over four modules that focuses on areas such as: wage slips and bank statements, budgeting, living independently and credit scores. The programme runs over one full day with a range of different skills developed such as team work, confidence building and problem solving.
What people are saying
"I enjoyed my experience on NCS because I was challenged by myself and others around me. I had a lot of inspiration to carry on and do better. I mixed with people from different backgrounds."
"Without Salford Foundation's support I'd be homeless. You've changed my life and I would never be able to continue my studies without your help."
"Coming here has changed my life around for the better. It has helped me stop offending by looking at why I did it in the first place and helping get things sorted out."
"I am now much more confident in my schoolwork and I listen more and my organisational skills are getting better each day."
"You would not believe the difference coming to Salford Foundation has made. I was sitting in my house, not speaking to anyone for days. My life has changed for the better. I have a life again."
"I can now start living my life again and not be afraid to open my front door. Thank you so much."
"Thank you so much for going above and beyond for my child. Your help and support has helped make such a difference in her life in such a small amount of time. I am truly grateful."
If you would like to find more about how you can get involved in our Money Matters programmes, please get in touch.
Raising Aspirations Coordinatorud.firstname.lastname@example.org
If you want to get involved and make a difference, get in touch with us to discuss how you can help.