There are currently large numbers of people facing unemployment, benefit and income cuts. With the cost of living rising, many are struggling with their household finances. This course aims to provide an overview of money guidance – how to deal with bills, the different types of credit available and how to make effective choices when choosing credit. This course delivered by Cymorth Cymru is intended to benefit:

·   Those working with low or middle income groups

·   Anyone working in advice settings where debt or money issues are encountered

·   Those dealing with personal finances on behalf of service users

The principal aim of this course is to enable participants to understand how to manage bills, debt and be able to guide others in personal money matters.

By the end of the course, participants should:

·               Be able to identify the different types of bills and the consequences of non-payment of each

·               Be able to understand the action to take when presented with everyday bills

·               To understand the different types of debt/credit and the pros and cons of each

·               Be able to understand and make informed & effective choices to plan finances better

·               To understand the different rates of payment including APRs and the hidden costs of credit

·               To understand effective savings including access to basic bank accounts and credit unions

·               To be able to apply the principles to daily living and recognising when intervention may be required

The course will include refreshments and lunch. Places will be offered on a first come basis.

Costs: Cymorth members: £85 + VAT Non-members: £120 + VAT(Including all materials, refreshments and lunch)