Action for Children, formerly NCH, is offering information and guidanceat Financial Futures workshops at 18 children's centres across thecountry. Topics include where to get the best-value loans, financialterminology, and how to cut household costs.
The project is part of a 1.8m partnership between Action forChildren and Barclays Bank. A recent ICM survey commissioned by thecharity and Barclays found that 49 per cent of people on the lowestincomes are at risk of borrowing more than they can afford because theydo not know the meaning of APdR (annual percentage rate) - a crucialfactor in determining how much they will have to pay back.
Pete Verity, financial futures project worker at Action for Children,said, 'It's been a case of encouraging existing users to make use of anew workshop. We've found that parents are much more likely to attendFinancial Futures sessions if they already use the centre and know thestaff involved.
Register now to continue reading
Thank you for visiting Nursery World and making use of our archive of more than 35,000 expert features, subject guides, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's included
-
Free access to 4 subscriber-only articles per month
-
Unlimited access to news and opinion
-
Email newsletter providing activity ideas, best practice and breaking news
Already have an account? Sign in here