Young Money is part of Young Enterprise, and it helps young people develop the life skills, knowledge and confidence they need to successfully earn and manage money.
According to research carried out by ING for Young Money, just 5% of UK adults believe that young people are currently leaving school with the financial skills and knowledge they need to manage their finances. This compares unfavourably with the experiences of the young adults surveyed, with more than three times as many (16%) believing they had left school adequately equipped to manage money well.
The Young Money program aims to change that by equipping students with the skills and knowledge required to earn and manage their own money.
UTC Plymouth has been awarded a Centre of Excellence in helping their students develop these important skills.
To find out more please visit the Young Money website