Nick backs Money for Life Challenge

LOCAL Assembly Member, Nick Ramsay is encouraging education and training organisations to back Lloyds Banking Group’s Money for Life Challenge, a national competition for 16 – 24 year olds.

As financial education has recently become part of the national curriculum, the Challenge is a complementary way for young people to learn vital money management, whilst helping to promote financial education in their community.

Teams of up to ten young people in further education, work-based learning, community learning or a training organisation can apply for a £500 grant to enter, with the support of an individual project sponsor from their organisation. Entries close on November 21st, with National Finals scheduled to take place in April 2015 before the Grand Final in London in May.

Urging young people to take part in the Challenge, Mr Ramsay said:

“It’s important that young people in Monmouthshire explore ways to improve their financial skills and share new knowledge with others in the community – and the Money for Life Challenge is the perfect way to do this.

“I look forward to hearing about innovative new projects that will be offered from young people in my constituency.”

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