This course is practice-based and discusses what financial capability is, what financial exclusion is and the effects it has on services users and their families.
A household budget is completed and analysed. From this, income maximisation, prioritising expenditure and debts, ways of decreasing expenditure (e.g. switching exercises, spending diaries etc) are discussed.
The course continues by discussing common banking difficulties and solutions, introducing Credit Unions, understanding interest rates as they apply to borrowing and saving and assessing the pros and cons of different types of borrowing.
The course concludes by looking at common debt problems and welfare reform
The trainers are Dave Hamblin & Simon Dowling and the venue is Royal British Legion in Bristol.