West Lancashire MP Rosie Cooper is encouraging young people in West Lancashire to bid for one of 300 awards of £500 being offered by Lloyds Banking Group.
The Money For Life Challenge is the award-winning personal money management programme, focussed on equipping communities across the UK with the skills and capabilities they need to make the most of their money.
Open to 16-24 year olds in further education, training or community organisation, teams can apply for a grant to run a money management project in the local community.
Teams will gain valuable skills such as leadership, communication and project management, as well as having the opportunity to win a £3,500 donation to their chosen charity.
Rosie Cooper MP said:
“This is a fantastic opportunity for young people in West Lancashire to learn more about good money management and budgeting, and to teach others.
“Now more than ever we all have to be careful how we are managing our finances and ensuring we are getting the right products and services at the right prices whilst managing to save.
“This programme can really benefit people who have seen their income frozen or cut whilst their outgoings rise over the past few years.
“Sound financial management can go some way to alleviating some of the issues around rent arrears, evictions and fuel poverty.”
Application deadline for the Challenge is Friday 21 November, for more information please visit www.moneyforlifechallenge.org.uk.