What about money?
At the beginning of the summer, I blogged about a new web site created by the Financial Services Authority (FSA) to offer advice to young adults on financial matters. It’s called simply What About Money (WAM).
Nearly half (47%) of UK youngsters find financial language confusing and over a third (36%) are unsure of where to turn for financial advice. Considering the current economic climate, never has there been a better time to encourage young adults to be in control of their finances – 84% of the 16-24 year olds that WAM talked to felt it was important to be informed about money matters.
In a new development, the FSA is now taking What About Money to the road visiting young people at universities and on high streets across the country, starting with the Bluewater Shopping Centre, bringing the young people of Kent free and impartial information to help them make the right choices about their money. The only site of its kind for this age group, it brings together a selection of useful links and specific articles about money for young people and presents it in a clear and easy to read way.
More regulators should be this active in providing information and advice to consumers – especially vulnerable consumers – in ways which are accessible and friendly.
November 3rd, 2008 at 9:24 am
thanks for you Mr. Roger Darlington that is from your great pins, but that is him business so they are know what the youth want ? (MONEY) = (HONEY)