BNY Mellon and Salford Foundation have co-designed Money Matters, a programme that equips young people aged 16 to 24 with the money management skills for work and life.
The new project responds to BNY Mellon’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 is offered to two different groups of people. Each offers sessions aimed at different age groups to improve young people’s skills and engage them in topical and relevant financial conversations. Below is a breakdown of what’s on offer through Money Matters.
Future Finances (aged 16-19)
A 2019 survey by the Money and Pensions Service (MaPS) showed that “90% of children and young people who learnt about managing money in schools said it was useful” and that those who recall learning about money management are more likely to be active savers (CYP FinCap 2019).
Money Matters has been developed to empower young people to feel confident and start talking openly about money through fun and interactive activities. The programme is split into three different sessions which include: Basic Banking, Budgeting 101 and Independent Living. The programme can be run in different ways such as all three sessions over one full day or one session as a stand alone topic, both ways offering a range of different skill development such as team work, confidence building and problem solving.
Money Matters for Care Leavers (aged 18-24)
From a number of years of delivering Money Matters in colleges, we felt the sessions were not just for students in education, but for vulnerable groups in communities, so this year, we have expanded Money Matters to include Care Leavers.
Money Matters has been developed to empower young people to feel confident and start talking openly about money through fun and interactive activities. The programme is split into three different sessions which include: Basic Banking, Budgeting 101 and Independent Living. These sessions will be delivered online and in-person throughout the year. Below is the next scheduled sessions:
|Money Matters Sessions||Date and Time||Location|
|Banking Basics||Wednesday 9th August (12:30pm-1:30pm)||Online|
|Budgeting 101||Wednesday 16th August (12:30pm-1:30pm)||Online|
|Independent Living||Wednesday 23rd August (12:30pm-1:30pm)||Online|
If you are a care leaver, a PA or an LA representative in Greater Manchester and want to find out more about the upcoming sessions or sessions we could provide for you, please get in touch with Jason King, details are at the bottom of the page.