Young people and money 77 of young people

Young people and money? Ø 77% of young people are in debt by the time they're 21, a figure that rises to 85% amongst the homeless Ø 68% of 16 to 24 -year-olds had been encouraged to take out credit they did not want or could not afford Ø 48% of 16 to 24 -year-olds ranked debt as their biggest fear for the future Ø A quarter of 16 to 24 -year-olds have suffered mental health problems because of their finances

“There has never been a more important time to support young people to participate in education and training beyond 16” Beverley Hughes, Young People's Minister quoted by the Guardian Education 26 March 2009

What is My. Bnk? We are a London based educational charity working with young people to build the knowledge, skills and confidence to manage their money effectively and make enterprising choices throughout their lives.

My life…. .

What is Money Works? An exciting financial education programme designed for young people aged 16 -24. It is designed to empower young people to feel confident about their money, as well as providing essential money management skills.

Money Lingo! Dosh Dollar Loot Cheddar Dough Paper Wonga Moolah Scrilla P’s

Can you afford not to involve your young people? For further information, please come and talk to me! Sharan Jaswal sharan@mybnk. org 020 7739 1828 www. mybnk. org