Money for Life

The Money for Life financial capability qualifications have been designed and delivered by the National Skills Academy for Financial Services in partnership with Lloyds Banking Group. From 2011 to 2016, the Money for Life qualifications (Money Mentors, Teach Others and Teach Me) have equipped over 4,000 community based experts to support people in their communities to gain the skills and confidence to manage their money more effectively.

In 2017, the programme is training front-line housing association employees to develop the skills needed to support their tenants to improve their financial capability and manage their money more effectively.

The training enables employee participants to improve their confidence when communicating with others and develop the skills and knowledge to be an effective money mentor. It focuses on developing participants’ skills and knowledge in:

  • Providing one-to-one money management support.
  • Effective communication in the context of mentoring.
  • Understanding the potential impact that policies such as Universal Credit, the Under Occupancy Penalty and the Benefit Cap tax may have on tenants.
  • Identifying the skills and knowledge that tenants already have and ways in which these can be enhanced.

Employees who complete the ‘Money Mentors’ training gain an OCN level 2 ‘Developing Skills for Financial Capability Advice Work’ qualification. Training is fully-funded and delivered on-site at the employer’s premises, to groups of 12 employees.

If you are a housing association you can complete an Expression of Interest form to have the ‘Money Mentors’ training delivered on-site here.

Read the Money for Life flyer for more information

For any additional queries about the Money for Life programme please contact Money for Life on 0845 618 2353 or moneyforlife@nsafs.co.uk