Mybnk

Mybnk is a bank run by young people, for young people. You can join as a saver, apply for interest -free loans for enterprising activities, or find out more about finance through workshops and programmes. Mybnk is approved by the Financial Services Authority. For more info call 020 7739 1828; email: info@mybnk.org or visit www.mybnk.org 

 Understanding money

Direct.gov.uk gives you the basics about managing personal finances and has useful advice about applying for grants, educational maintenance and benefits.

Enterprise

If you have an idea for a business, but need help in starting up, you can apply for grants and trainung through the Prince's Trust. You can also apply for grants of up to £3000 through the Youth Opportunity Fund, a fund administered by young people in the borough. To find out more click here.

Dealing with debt

Are you spending more than you earn? Do you owe large amounts of money to family and friends? Are you worried about paying them back? The worst thing you can do if you're having money problems is to just ignore the situation. If your financial situation is in danger of becoming serious, do something about it now. You can contact the National Debt Helpline on 0808 808 4000.