Darlington Citizens Advice Bureau secures funds for financial capability training
16 November 2010
Hundreds of disadvantaged people in Darlington who are in need of financial guidance are set to benefit from Money Management training sessions after the local Citizens Advice Bureau secured a donation of £26,499 from the Santander Foundation.
Darlington has recently been identified as having some of the worst economic and social problems, with 31% of its residents being amongst the most deprived in the country. The training sessions, which will be held at local Children's Centres, will give young parents and others the skills necessary to manage money and budget effectively.
Mike Hill, Chief Executive at Darlington Citizen's Advice Bureau said: "Helping people to become more financially aware will in turn contribute to their health and well-being, reduce family friction and increase stability. The issue of child poverty is something that people on all sides agree must be tackled, and helping people to manage their money is a significant contribution to that. We are very grateful to the Santander Foundation for this donation which will allow us to appoint a tutor two days a week for 18 months."
Anoushka Lander, Communications Manager at Santander said: "The current economic climate has resulted in many people needing quality advice on how to manage their finances responsibly. We are delighted that we have been able to support this project as it will have a positive impact on many people's lives."