What is The Money House

The Money House project was set up to help young people in Derbyshire learn how to improve their financial management and understand how to prioritise spending related to housing costs.  

It was a 4-day course, informal and friendly. The learning was accredited by AQA, with 2 Unit Award Credits in 'Budgeting & Debt Management' and 'Participating in Group Work'.

The course included budgeting, bills, banking, borrowing, bureaucracy, benefits.

It took place in a real flat in Newbold, Chesterfield. 

Who was it for?

Ideally for a young person close to making the move from care or supported accommodation to their own flat where they will be expected to manage their own finances. Any young person fitting the criteria will be considered:

  • Young people between the ages of 17 to 24 years and in supported housing, foster/residential care and planning to move to live independently within the next 3 months OR
  • Has signed a tenancy agreement within the last 6 months OR
  • Has approached an agency for debt relief or advice

Transport

There was funding to cover transport costs for attendees. Support workers are encouraged to accompany their young person to the first session on the Tuesday morning. 

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