This campaign has now closed
To provide 3000 Big Issue vendors with: 1. help with sales skills to maximise their independent earnings 2. access to financial support and secure saving opportunities including: increasing their long term financial planning and enabling informed choices with regard to financial products.
Categories
Beneficiaries
Situation
Vendors completed a survey for us to gain a better understanding of their current financial capability and service needs. • Big Issue vendors often have nowhere to keep earnings; 1 in 3 have been mugged for their takings • 1/4 of vendors do not have a current bank account and would like to open one • Three-quarters of vendors say they would like to save more of their earnings • Two-thirds of vendors do not keep a record of their spending, which could be one of the reasons that nearly
Solution
We aim to enable all vendors to take control of their finances and in order to achieve this we offer: • Magazine sales reviews & pitch management: identifying achievable milestones • Sales training • Basic financial skills and literacy advice • Budgeting advice • Saving support: • Banking: information on financial products available • Debt advice • Welfare benefits advice & eligibility • Dedicated annual Sales and Money Week • Vendor Support Fund offering emergency financial awards