There is plenty of advice on-line to help you stay on top of your finances. New banking apps such as Starling & Monzo offer special accounts to 16/17 year olds which give options to help you track your spending & save money.
Local charity Reach offers money advice if you (or a member of your family) are having money worries and the Citizens Advice Bureau in Haverhill offers free, confidential advice to anyone experiencing difficulties, including with debt & housing.
C.A.B. Adviceline is open Monday – Friday, 10 – 4: 0300 330 1151
C.A.B. drop-in is open Monday, Tuesday, Thursday and Friday from 10am to 1.30pm Haverhill House, Lower Downs Slade, Haverhill, CB9 9HB
If you’re a student then you can often get better rates on everyday purchases. The following apps are definitely worth downloading:
Unidays: you have to be a student 16 years old or over to qualify for unidays discounts.
Student Beans: this app is for university students and offers discounts on things such as clothes, food & technology.
NUS extra: once you’ve paid for your NUS card (annual membership fee) you can access this app which gives discount with a good variety of companies.
Princes’ Trust Development Award:
This award is for young people aged 16-30 who are studying less than 14 hours a week, unemployed or working less than 16 hours a week. It’s usually an amount of up to £250 & can be used to help you pay for:
- Course fees for accredited courses up to Level 3 (A-level equivalent)
- Tools, equipment or uniforms for a job or qualification
- Job licence fees
- Transport to a new job until your first pay slip
You can visit Turn2Us for advice on benefits, grants or extra financial support that may be available to you if you are aged 16 – 18 or if you’re a student age 16+ in higher or further education.
The Turn2Us website also gives debt advice, information on travel concessions & where to get help with childcare costs.
This website offers ‘essential support for the under 25s’ including an excellent money section which covers benefits, credit and debt, gambling, insurance, living on a budget, money management tips, money rights, student money and tax.
The Source money & finance section looks at:
And finally for now…
The Princes Trust supports young people wanting to start up their own business – sign up to their free enterprise programme for skills, training and mentoring and the chance to apply for a low-interest start-up loan.