In 2011 ARC ran a successful project with the Money Advice Service (formerly FSA Financial Services Authority) to develop a toolkit that can help individuals with a learning disability to understand more about money.
The Money Advice Service have an existing resource called ‘On Your Own 2 Feet’, which is a toolkit that was developed in partnership with ‘Fairbridge’ to use when working with young people to help them understand about financial capability.
ARC have used this resource as a base to develop a toolkit that can be used with individuals with a learning disability. The resource was piloted with groups of people with a learning disability then amended until a finished product was designed.
The toolkit is a combination of guidance, exercises and activities that can be carried out with individuals or groups of people with a learning disability. The idea is that you can use the resource and adapt it to meet the specific needs of the people who you are working with.
It is a resource for support workers and youth workers which has some great activities about understanding about money such as:
- Learning about how you feel about money
- Understanding about how much things cost
- Raising awareness of money issues
- Attitudes to money
- Where money comes from
- Learning more about finances in their locality
- Learning about essential and non essential spending
- Where our money goes
- How much can I save?
- How much things really cost
- Running a place of their own
- How to reduce costs
All of the activities have been designed to be interactive and adapted to individual need.
Make use of this resource as it is available to download FREE from our website.
|Download your FREE PDF copy:
Helping young people with learning disabilities
to understand money
Other Money Publications available
Talking About Money This training pack helps you introduce understanding about money to the individuals who you work with. This covers why money is so important. How to choose a bank and how to open a bank account, banking terminology, budgeting and about financial abuse. This is a training package which includes; suggested timetables, training guidance, slides and handouts.
Moving on Planning Ahead We have developed this similar pack which is in the same format as Talking About Money but introduces people with a learning disability to the idea of moving on and planning ahead, covering; what living independently really means, do they want to live alone or share, rent or buy, what support is needed, how will they pay for it?
Guidance on Money Management There is also this free resource available which was written to help staff at all levels to understand the implications of the Mental Capacity Act when supporting someone to manage their money. This includes information about assessing capacity to make financial decisions, the roles of Appointees, Deputies and Attorneys, supporting people to create Lasting Power of Attorneys plus good practice in supporting individuals who lack capacity.
If you would like more information about the resource or any other training, please contact Shirley Potter:
- Email: email@example.com
- Telephone: 01246 555 043