Black History Studies in association with Rites of Passage Enterprise presents
Black Gold: A Financial Literacy Programme
for Young People
starting Saturday 17th January 2015
Financial skills are vital for young people as they make the transition into adulthood. The ability to manage their money is essential in allowing them to take control of their lives.
A 2012 Panelbase survey conducted by pfeg and the National Children’s Bureau found that 43% of seven to sixteen-year-olds worried about money, while nearly one in eight, 12%, had borrowed money that they could not afford to repay.
This course aims to help young people develop and improve their knowledge of Black History and gain financial skills at the same time using examples from our past and present. This course will teach young people how to make wise money management decisions now and in the future.
The course will run from 12.45pm to 2pm for 5 weeks from Saturday 17th January 2015 to Saturday 14th February 2015 at West Green Learning Centre, West Green Road, Tottenham, London, N15 3QR. Nearest Tube is Seven Sisters (Victoria Line) or Turnpike Lane (Piccadilly Line). Buses 41, 341, 67 and W4 pass nearby the entrance.
This course is aimed at young people aged 11-16 years of age. Your child must attend all five sessions and be willing to participate in this interactive session.
Some of the topics covered are:
- Attitudes to money
- Needs & Wants
- Assets vs Liabilities
- Managing Your Money
- Dealing with Debt
- Borrowing Basics
- Saving & Investments
- Young Entrepreneurs & Starting Your Own Business
- And much more….
The course costs £25 per child (non-refundable and non-transferable) . Only 15 places are available and are available on a first come, first served basis and we anticipate that there will be a lot of demand for this course. Payment must be made in advance.
We accept cash, cheques, postal orders and BACS payments. To pay by credit card, click the buy now button (transaction fees are payable). Please ensure that you have read our terms and conditionsbefore booking using this method.
If you would like to attend this course, please contact us for a booking form. If you have any questions about the course or require more information about enrolling, please contact us
Did you know?
- 98% of teenagers consider it valuable for the future to learn about managing their money.
- The average household debt in the UK is approximately £7,500 excluding mortgages, and approximately £44,000 including mortgages.
- Less than 40% of parents think that their children have a good understanding of money matters.
- Britain’s personal debt is increasing by over £1 million every four minutes.
- The average amount owed by every adult in the UK (including mortgages), is over £33,000.
- Nearly 50% of students underestimate the amount of debt they will be in when they leave University.
- Research suggests that an average family could save about 5% of their net income by managing their finances more effectively.
- At least 10% of consumers have problems meeting their credit card debt repayments. Approximately 80% of people do not know what APR means.
- Nearly half the people who take out credit in shops, hadn’t planned to do so when they left home.