The guides aim to help local authorities and other children’s services staff working with children and young people in vulnerable circumstances embed opportunities for learning about money into the support they provide. They set out how financial wellbeing aligns with their wider duties and priorities for children and young people.
These children and young people can include for example, care-experienced young people, young people with mental or physical health needs, young people at risk of homelessness, young carers, and many others. Research shows that these children and young people may be at risk of having low levels of financial wellbeing and may need targeted financial education and guidance due to their circumstances.
Professionals who work with these children and young people on a day-to-day basis are well-placed to help them develop the knowledge, skills and attitudes needed to make the most of their money now and into adulthood.