According to the Money Advice Service, three-quarters of young people in their twenties admit to making money mistakes in their first years of financial independence that impact on their later years of life.
Young adulthood is a period in life when young people take on greater responsibility for their own financial affairs, and a range of financial products become available to them. The need for financial capability is particularly important at this time.
Drawing on the latest research from the University of Edinburgh and involving hands-on activities facilitated by the Money for Life Team, this interactive event provides 16-25 year olds with practical ways to manage their money, and an insight for parents into how they can support the development of their young adults’ financial capability. Two invited school groups are taking part in this.
Taking place in the historic Museum on the Mound, the event also incorporates a tour of the Museum revealing the fascinating story of money.
MONEY FOR LIFE (financial capability evening event)
In the evening, there will be a networking stakeholder event from 16:00 to 18:30. You can book for this event by following this link
Contact: Tina Harrison, Tina.Harrison@ed.ac.uk
ESRC Twitter: #esrcfestival
Museum on the Mound