Want to find out more about saving and investment?
Several organisations offer websites you might find helpful. They give more information about saving and investments and they cover wider money issues like budgeting and financial planning. We’ve included how each site is described to help you find what you’re looking for.
Money matters to me
This site says it will help you to understand the different aspects of personal and practical 'day to day' finance that are relevant to you.
www.moneymatterstome.co.uk
Consumer Financial Education Body (CFEB)
This site aims to help people become questioning and informed consumers of financial services and to manage their finances effectively. There are areas for teachers, parents, young people and the general public.
www.moneymadeclear.org.uk
Young Scot
Young Scot says it can give you the low-down on stretching your funds that little bit further, how to look after money, and what financial products are out there for you.
www.youngscot.org/channels/money
Where can I learn more?
If you are interested in a short course about personal finance/managing your money you might find these sites useful.
Learn about money
This course aims to give you a basic understanding of how money works; the modules include savings, borrowing, investments and tax
www.learnaboutmoney.org
Basic Bank Accounts
Even if you've never had a bank account before, a Basic Bank Account might be appropriate for you.
Basic Bank Accounts share many of the facilities of a current account. They can receive payments in cash, or from other sources and bills can be paid by Direct Debit or standing order. There are no cheques and no overdraft facilities so you can only spend money if there is enough in your account. Basic Bank Accounts come with different names and are offered by a number of financial providers, but they all have similar features.
Cash can be withdrawn from cash machines and in some cases over the counter of the bank or building society itself or at Post Offices.
People with a poor credit history can usually open Basic Bank Accounts.
The Financial Services Authority publishes a guide to these accounts
Basic bank account (PDF)
Information for teachers and advisers
Here are some financial education resources that are particularly suitable for teachers and adviser groups
Information for teachers and advisers
Disclaimer
It is our policy to obtain permission to link to other websites. We are not responsible for the content or reliability of the linked websites. Listing should not be taken as endorsement of any kind. We cannot guarantee that these links will work all of the time and we have no control over the availability of linked pages.
