Support young people with their financial health
Read our financial health article to explore why teaching financial health is important and how The King's Trust can support you to do this.
What is financial health?
Financial health refers to the state of someone's finances.
The term financial health can cover a variety of topics such as:
Spending habits
Budgeting
Savings
Expenditures
Tracking finances
As well as other areas of finance.
Like other areas related to health, someone's financial health can change many times overtime.
Why is teaching financial health important?
According to reports only 44% of 11 - 17 year olds feel confident in managing their money and 61% of young adults to not recall receiving financial education at school.
We recognise that providing young people with the knowledge and skills to improve their financial health means they are more able to support and improve this element of their wellbeing.
Watch our Financial Health webinar
Our Financial Health webinar was hosted by Young Enterprise. Watch here to learn more about why teaching young people about financial health is important and learn more about various financial topics such as marketing tactics, payment technology and advances and support agencies. This webinar was designed to empower you with the knowledge of financial health topics to enable you to deliver our financial health content with confidence.
How can the King's Trust support you?
To support you in delivering topics themed around money and finances we have a host of resources you can access and deliver as part of our Achieve network.
- this unit focuses on supporting young people in making healthy financial decisions today and in the future. This unit also explores how someone could get further help if they need it. The resources in this unit can support learners in generating evidence towards Learning Outcome 3 of the Managing Money unit.
- this unit focuses on supporting learners to understand some of the basic principles around personal money management. Throughout this unit, learners will be given the opportunity to gain knowledge on how to budget and how to plan their own personal spending, while looking at wage slips and bank statements.
Together these units can be used to create a bespoke learning journey for your learners whilst generating evidence towards our PDE qualification, if that is something your learners are working towards.
Further support
Please find a list of organisations which can provide further help and support for you and your learners.
can help with money-related problems, budgeting, debts, work, benefits, relationships, health, housing, etc. It is a national charity and a network of local charities that offer confidential advice free of charge online, over the phone, and in person.
is a UK-based charity that provides free, confidential support for young people under 25 online, on social media, and on mobile devices. They offer crisis help, one-to-one chats, and help with all types of issues, including money, gambling, and mental health.
can support anyone aged 18 and under across the UK (including Northern Ireland) who is either at risk of or experiencing harm because of gambling. Their service is free, flexible and confidential, and they ensure that the young person receives the most appropriate help.
National Gambling Helpline – 24 hours a day on Freephone 0808 8020 133.
is an independent service set up by the government to help people make the most of their money. It provides free, unbiased money advice to anyone in the UK, delivered online, over the phone, or face-to-face.
is the largest UK debt charity providing free expert debt advice & debt management solutions. They offer free and impartial advice for anyone worried about debt. No matter who they are or how they are feeling, they can help them take action.
