Money Mentors is a programme run by London Citizens to improve the financial capability of teenagers. This includes teaching skills such as budgeting, managing finances and understanding concepts such as credit and debt. It is taught by university students to secondary school children between 15 and 18. The schools programme is now in its second year.
London Citizens has asked the Centre to evaluate how effective the programme has been in changing financial behaviour because of the Centre’s expertise and experience in researching financial capability. The Centre has published a report on the effects of the first year of the programme:
Money Mentors 2010 Report
Money Mentors 2010 report summary
For more information please see the Citizens UK page on the programme which can be found here