Barclays and online youth charity YouthNet have joined forces to support young people in the UK to build their financial skills, knowledge and confidence.
YouthNet will work with Barclays to provide young people with access to information, advice and support to help them manage their money more effectively. Both organisations will develop young people-focused content for the charity’s online guide to life for 16 to 25 year olds TheSite.org and the recently launched Barclays Money Skills website, part of Barclays national money management programme which helps young people to develop and improve their financial skills, knowledge and confidence.
The partnership also involves the charity working with Barclays to engage young people in finding solutions to money challenges through social media activity to support them in managing their money, and Barclays sponsorship of the money section on TheSite.org.
Emma Thomas, CEO of YouthNet said: “We know from some extensive research we undertook last year that young people have increasing fears about debt, so ensuring that they have access to the information, support and advice they need to help them manage their money is crucial. We are delighted to have Barclays support in ensuring we can continue to provide this for young people online, whenever and wherever they need it.“
Michelle Smith, Head of Barclays UK Community and Consumer Affairs said: “We are delighted to be working in partnership with the leading online youth charity, YouthNet. With the help of all our charity partners, Barclays Money Skills is helping one million people to improve their financial skills, knowledge and confidence with an investment of£15million over three years.
“We know young people face challenges when trying to become financially independent especially in today’s tough financial climate. We’re pleased be helping them access the information and support they need to help prepare them for a secure future through digital and social media.”
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Media Enquiries:
For further information – or to arrange interviews – please contact Emma Motherwell at YouthNet on 020 7250 5716 or out-of-hours on 07766 660 755. Email media@youthnet.org
Notes to editors
- YouthNet is the UK’s first exclusively online charity and was founded by Martyn Lewis in 1995. It helps young people aged 16 to 25 make informed choices today for a brighter tomorrow by providing them with impartial information and support about anything and everything. YouthNet does this through two online services; the guide to life for 16 to 25 year-olds TheSite.org, the UK’s leading volunteering website Do-it
- About TheSite.org. Run by online charity YouthNet, TheSite.org provides essential, straight-talking, anonymous advice to young people aged 16 to 25 about the issues affecting their lives. TheSite.org’s dedicated money section has a range of information about anything from budgeting to coping with cash flow problems and a dedicated student money section, available through a series of articles, blogs, podcasts and videos.
- Barclays Money Skills is a national money management programme, developed by Barclays, that helps young people to develop and improve their financial skills, knowledge and confidence. The programme provides independent information on a range of money management topics such as budgeting, saving and spending, opening a bank account, as well as providing practical guidance on what to do if something goes wrong.
