People living in the Fens will now have the chance to get to grips with money management thanks to an innovative £1 million project launched this week.
The five year scheme, funded through the Big Lottery Fund’s ‘Improving Financial Confidence’ programme will be delivered by Roddons Housing Association, Fenland District Council, Rural Cambs CAB and CHS Group to provide more support for those in rural areas struggling to find the right help and services.
New services will include:
Fenland District Council’s New Horizons bus will be touring local towns and villages bringing a range of helpful ideas and tips– the theme this month is eating on a budget with new recipes to try, where to find the best discounts, comparing prices, menu planning and stocking up your store cupboard
Rural Cambs CAB are seeking to recruit local people to volunteer and train as ‘Money Mates’ to share their ideas and tips on making the most of their money and staffing the bus. They are also providing free ‘money makeovers’ – giving practical and friendly advice on budgeting, banking, borrowing and saving
Roddons Housing Association and CHS Group will be providing social housing tenants with one-to-one personal support at home to help them manage their money, get online and find advice around work, volunteering and training.
Support will also be available to anyone in Fenland who wants to get to grips with their money, get online and find the right advice around work, volunteering and training.
Research by Roddons Housing Association found that nearly six out of 10 of its residents don’t feel organised with their money and half still go without internet access.
Jenny Hodson, Managing Director at Roddons Housing Association, said: “This brilliant project will help social housing customers gain the right money management skills to help overcome challenges such as unemployment, limited internet access, rural isolation and uneven access to services.”