We all know how difficult it can be to manage our financial affairs, none more so than those starting out in life. Many teenagers and young adults often lack a basic understanding of how to manage their finances, some with no one to turn to, to seek guidance, it is little wonder they find themselves falling into debt and often paying huge interest rate charges after taking out unsecured loans, or
simply buying something they had no idea how to pay off. With the rise in Digital payments through contactless cards and phone apps it has become easier than ever to quickly lose control of spending and fall into debt. We know that for many, they won't talk about their debts nor the anxieties that they will inevitably bring. They will probably try to ignore the debtors, hope they will go away, but they won't. That's why S-mart Money was launched
S-mart money aims to ease the burden of debt and financial mismanagement experienced by many teenagers, young adults and vulnerable people. S-mart Money is a fully independent CIC with no allegiance to any bank or financial management organisation. What S-mart Money does:
Financial management is an essential life skill, but one which is not part of the national curriculum. As a not for profit community interest company, S-mart Money fills the skills gap with an innovative programme of workshops and interactive training modules aimed at equipping people with the training and confidence to effectively manage their financial affairs, remain debt free, and in command of their own destinies. Interactive workshops can be presented remotely on video calls or face to face and topics covered include:
What type of account that works for you
How to budget and understand tax, NI, student loans and credit
The perils of online shopping and online gambling
Safeguarding your online identity- what happens if you are targeted
Why you might need insurance and what it would cover
The inspiration for S-Mart Money
S-mart Money is the inspiration of Stuart Martin, a father of two from Kings Langley in Hertfordshire, who has a background in the Financial Services sector. He has seen first hand the affects that poor financial management has on individuals and has vowed to help as many people as he can. Visit the S-Mart Money Skills crowdfunder page in the contact section. With a career spanning over 30 year’s, Stuart has developed the S-mart Money “curriculum” with the assistance of a number of senior executives steeped with experience in the financial and security sector.
