what needs to change?: individual behaviour or the environment?
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What needs to change?: individual behaviour or the environment?. In 2011/12, 13 million people in the UK were living in poverty. For the first time more than half of these people lived in a working family Joseph Rowntree Foundation. Why pay more for being ‘poor’?. - PowerPoint PPT PresentationTRANSCRIPT
In 2011/12, 13 million people in the UK were living in poverty. For the first time more than half of these people lived in a
working familyJoseph Rowntree Foundation
The number of people in low-paid jobs has risen. There are now around 5 million people paid below the living wage.
Joseph Rowntree Foundation
Why is it difficult to engage people with Financial Capability work? e.g.
• Don’t recognise need for service
• May not be in debt- But show high risk and vulnerability to debt
• Prevention work- ‘hard sell’
Mind Your Money Benefits
• Improve money management skills• Practical ways to save money• Increase access to affordable food and fuel• Help to keep up with rent and avoid eviction• Knock-on benefits to health and wellbeing
Trial IFC project saved people on average £10 a week
How do we do it?
• 1-1 Information, Advice and Guidance
• Flexible friendly approach- home visits, coffee and chat, after work appointments
• Activities with embedded Money Management skills e.g. cooking, shopping challenges, IT, Employability skills training
Organisation Budget Income Maximisation Savings Welfare Reform Debts Rent/Under-occupancy Spending Diary Food Shopping Home Insurance
Energy Supplier Water Meter Broadband Bank Mobile Phone Emergencies Gambling Borrowing Transport EET