MyBnk
MyBnk is a UK social enterprise and charity who specialise in financial education and enterprise for 7-25-year-olds with the goal of equipping young people with the skills to manage money and become work-ready. It was founded in 2007 by now CEO Lily Lapenna and Michael Norton OBE to tackle record personal debt and encourage business start ups. Lapenna was shortlisted for a 'Women of the Future Award' in 2015. She believes that young people feel “a sense of disillusionment, disengagement and distrust” towards banks. MyBnk has been described as an award-winning charity specialising in teaching young people how to manage their money. It has been considered one of the "great organisations out there inspiring the next generation of entrepreneurs". It provides financial education workshops and sessions in schools, with a range of lesson plans and resources for teachers. It also uses microfinance schemes to help young people save and borrow money. The company has been cited as provid ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Financial Education
Financial literacy is the possession of the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources. Raising interest in personal finance is now a focus of state-run programs in countries including Australia, Canada, Japan, the United States, and the United Kingdom. Understanding basic financial concepts allows people to know how to navigate in the financial system. People with appropriate financial literacy training make better financial decisions and manage money better than those without such training. The Organization for Economic Co-operation and Development (OECD) started an inter-governmental project in 2003 with the objective of providing ways to improve financial education and literacy standards through the development of common financial literacy principles. In March 2008, the OECD launched the International Gateway for Financial Education, which aims to serve as a clearinghouse for financial edu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Microfinance
Microfinance is a category of financial services targeting individuals and small businesses who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; savings and checking accounts; microinsurance; and payment systems, among other services. Microfinance services are designed to reach excluded customers, usually poorer population segments, possibly socially marginalized, or geographically more isolated, and to help them become self-sufficient.Christen, Robert Peck Christen; Rosenberg, Richard; Jayadeva, Veena. ''Financial institutions with a double-bottom line: Implications for the future of microfinance''. CGAP, Occasional Papers series, July 2004, pp. 2–3. ID Ghana is an example of a microfinance institution. Microfinance initially had a limited definition: the provision of microloans to poor entrepreneurs and small businesses lacking access to credit. The two main mechanisms for the delive ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Children & Young People Now
''Children & Young People Now'' is a magazine and website resource covering policy issues and best practice for all professionals working to improve the life chances of children, young people and families in the United Kingdom. Launched in 2007, ''Children & Young People Now'' is the result of the merging of ''Children Now'', which was produced in association with the National Children's Bureau, and sister magazine ''Young People Now''. The title also runs a number of conferences as well as the annual Children & Young People Now Awards, which recognise and reward individuals and teams across 23 categories. The editor Editing is the process of selecting and preparing written, photographic, visual, audible, or cinematic material used by a person or an entity to convey a message or information. The editing process can involve correction, condensation, orga ... of ''Children & Young People Now'' is Derren Hayes. The magazine and associated websites were acquired in October ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Centre For Social Justice
The Centre for Social Justice (CSJ) is an independent centre-right think tank based in the United Kingdom, co-founded in 2004 by Iain Duncan Smith, Tim Montgomerie, Mark Florman and Philippa Stroud. Political positions The organisation's stated aim is to "put social justice at the heart of British politics". While the think-tank states it is politically independent, it has been labelled one of the most influential on the British Conservative Party under the leadership of David Cameron. Policy programmes and impact One of the CSJ's most notable reports was ''Breakthrough Britain''. It has also produced well-publicised reports on gang culture, modern slavery, addiction, family breakdown, and educational failure. In 2012 the CSJ announced that it would carry out the study ''Breakthrough Britain II''. The CSJ has also played important roles in the design and development of Universal Credit and in championing the introduction of the Modern Slavery Act 2015. 2019 * A report called ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |