What needs to change?: individual behaviour or the environment?

In 2011/12, 13 million people in the UK were living in poverty. For the first time more than half of these people lived in a

working familyJoseph Rowntree Foundation

Why pay more for being ‘poor’?

The number of people in low-paid jobs has risen. There are now around 5 million people paid below the living wage.

Joseph Rowntree Foundation

Which would you choose?

Why is it difficult to engage people with Financial Capability work? e.g.

• Don’t recognise need for service

• May not be in debt- But show high risk and vulnerability to debt

• Prevention work- ‘hard sell’

The Debt Journey

Mind Your Money Benefits

• Improve money management skills• Practical ways to save money• Increase access to affordable food and fuel• Help to keep up with rent and avoid eviction• Knock-on benefits to health and wellbeing

Trial IFC project saved people on average £10 a week

How do we do it?

• 1-1 Information, Advice and Guidance

• Flexible friendly approach- home visits, coffee and chat, after work appointments

• Activities with embedded Money Management skills e.g. cooking, shopping challenges, IT, Employability skills training

Organisation  Budget  Income Maximisation  Savings  Welfare Reform  Debts  Rent/Under-occupancy  Spending Diary  Food Shopping  Home Insurance 

Energy Supplier  Water Meter  Broadband  Bank  Mobile Phone  Emergencies  Gambling  Borrowing  Transport  EET

How to refer?

Call us or drop MYM an email

We contact beneficiary directly

We’ll update you and keep you informed