What was the project all about?
In August 2007, HBOS Foundation committed a total of £300,000 to fund a joint programme, Advice Changing Young Lives, run by YouthNet and Citizens Advice. The programme brought together the strengths of the two charities to ensure that 16-24 year-olds know where to turn to get the help and support they need with vital money matters.
Partnership achievements
The Advice Changing Young Lives programme involved young people every step of the way. Starting with a survey gathering 16-24 year-olds’ thoughts and feedback, the entire programme was driven by what young people said they want and need.
Over the course of three years, YouthNet and Citizens Advice worked together to jointly create new financial fact sheets, developed in a tone and style young people relate to, for both TheSite.org and Adviceguide. Additional financial literacy advice and support was also created and disseminated in audio format.
The Advice Changing Young Lives programme – which combined the specific expertise of YouthNet and Citizens Advice – is an example of what a truly innovative partnership can achieve for young people. YouthNet and Citizens Advice are committed to improving young people’s access to money management support and advice. Thanks to the support of the HBOS Foundation, we were able to make this ambition a reality.
Janet Roberts, Grants Manager, HBOS Foundation, said:
“The Foundation’s Trustees were delighted to be able to support this innovative project and strategic partnership between Citizens Advice and YouthNet, bringing together their different strengths and unique areas of expertise.
This ground-breaking financial literacy advice programme for young people is exactly the type of work the Foundation looks to support through its Money Advice and Financial Literacy funding stream, to support for young people and help them understand financial matters and take effective decisions regarding money.”
