MyBnk
DOUBLE your donation until Sunday 14th December
MyBnk will deliver MONEY TWIST, a high-energy financial programme to young people. Every £20, doubled to £40, will equip 2 young people with real life money skills, including budgeting & saving, busting banking jargon, planning for their future financial needs, and avoiding unsustainable debt.
It ran from to
Registered Charity in England and Wales (1123791)
Donations
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Location
Campaign overview
Aims
Where's the money going?
Impact & reporting
Situation
UK personal debt is at a record £1.4 trillion, around £9,000 per person; this is hardly surprising given that 90% of the UK population have never received any form of money management lessons. Young people are not being taught the money skills needed in life, leaving them financially excluded and in debt. Half of 17 year olds are or have been in debt, and over a quarter of the UK population have no savings at all.
Solution
MyBnk will deliver its award-winning Money Twist programme, covering practical and everyday financial matters. By creating a financially literate generation who are able to budget, break down jargon and assess risk, we will empower young people to take control of their finances, therefore reducing the risk of young people falling into the trap of unsustainable debt and a life of poverty.
"MyBnk opens your eyes to what you are doing wrong with money. I'd be lost if I'd missed this."
— Adrian
"MyBnk opens your eyes to what you are doing wrong with money. I'd be lost if I'd missed this."
— Adrian