Showing posts with label better off finance. Show all posts
Showing posts with label better off finance. Show all posts

Monday, October 22, 2018

New Dates Added for Money Mentors Accredited Training!

Money Mentors is back by popular demand!

Are you interested in learning more about managing money / debt, and then helping others to understand more?

You can access accredited training and become a community based Money Mentor. This is an excellent opportunity from Money Marvels to access learning on Supporting Universal Credit Claimants.

This two day program is being run at 54 St James Street in the Baltic Triangle in Liverpool.





Supporting Universal Credit Claimants

27th November & 4th December 2018

10 – 3pm


These courses are level 2 accredited and lunch will be provided.

These courses are part of the wider Money Marvel Programme.

To be eligible for the training and for the programme, participants must live in the Liverpool City Region (Liverpool, Sefton, Wirral, Knowsley, St Helens or Halton) and not in paid employment.

Expenses may be available on request.

To find out more contact the team: on 0151 706 8111 or hello@thewo.org.uk



Tuesday, August 7, 2018

Catharine Becomes Financially Savvy to Pursue Business Dream

Catharine Ramage has come a long way since the launch of ‘Catharine Ramage Editorial’. Feeling overwhelmed by the complexity of the benefits system, Catharine was unable to pursue her lifelong business-dream or reach her true professional potential. Now, with support from  Better Off Finance, Money Marvels and Enterprise Hub, the only way is up for Catharine. 

Having left her teaching job due to illness in 2011, Catharine was more or less unemployed for 7 years receiving job seekers allowance and feeling unable to access the support she really needed to progress.

Catharine joined the Better Off Finance programme, which supports people to improve their financial capability and prepare and progress into sustainable employment, or access training opportunities. Feeling anxious whenever she tried to look in to her finances alone, Better Off Finance ensured Catharine was utilising the support she was eligible for, as well as helping her to assess her monthly outgoings and work out where she could become more financially savvy.


With her key worker’s support, Catharine managed to save £100 a month; “I really feel like he has given me tools for life to maximise my income and minimise my outgoings, I always tended to bury my head when it came to this stuff – now I have the confidence to find and negotiate better deals for monthly necessities”.

Regaining control of her personal finances, Catharine felt empowered to begin thinking about employment opportunities and the next step forward. Often the scariest thing about pursuing a business-dream is the reality of becoming a business-owner. Catharine knew her passion but didn’t believe she had the enterprise skills or experience to turn that passion into a business – and that’s where Enterprise Hub came in.

Better Off Finance made Catharine aware of the business start-up support available throughout the Liverpool City Region, when she decided to contact The Women’s Organisation. Catharine said: “I had a couple of business ideas but didn’t know where to start. My adviser helped me to see that I have skills that can be utilised in a home business and gave me confidence to know that I could do it. She was fantastic at explaining the nuts and bolts of how to start a business and how to market yourself on social media.”



Coming out of the other side, Catharine is now an editor and proof-reader able to bring written work to publishing standard. She has edited documents for a variety of academic journals and textbooks and written several educational textbooks for children learning English; “I am now a business-owner running my own editorial business from home – Enterprise Hub has allowed me to achieve this in less than a year”. The biggest mark of success for Catharine is that she will now be able to buy her own house, a dream she had once given up on when claiming benefits.

Looking back on her journey, Catharine credits the support system of both Better Off Finance and Enterprise Hub: “both of my mentors made me feel like they really cared about helping me to improve my situation – not that they were just ticking boxes or trying to ‘push’ me back into work. They both took the time to understand my circumstances and give me a personalised service.”

What does Catharine say to anyone thinking of contacting Better Off Finance or Enterprise Hub? “Do it! I feel really lucky to live in a city where these services are available to me.”

Well done Catharine! We’re delighted for you. If you’d like to find out more about Catharine Ramage Editorial, head to her website or Facebook.

If you’d like to find out more about Better Off Finance or Enterprise Hub, contact us on 0151 706 8111 and speak to a member of our Engagement Team.






Wednesday, May 16, 2018

Lets talk about the link between Debt and Mental Health

Opening up about personal finances can be a sore subject, especially when facing money issues or finding yourself spiralling into debt. 6 million Britons believe that they will never be debt free, with the average person in the UK owing up to a whopping £8,000! 

Ok, debt is a financial issue. But it can often lead to someone losing their home, relationship, family, and can potentially affect absolutely anyone. Whether you're employed or claiming benefits, falling behind on bills or being unable to pay back loans can bring you down. And whilst your income may just cover those ‘essential things’ in life, money doesn’t always stretch as far as covering built up debt from payday loans or credit cards.


Whilst worrying about the lack of money has effects on your social life and your ability to splash out on the finer things, it can also cause a fundamental change in your mental health, knocking your confidence and leaving you with the inability to think about your future or set goals and aspirations. One in two adults with debts has mental health problems, leaving people with long term effects such as depression and anxiety.

Research has shown that consumers with mental health problems believe their behaviour changes dramatically during periods of poor mental health. 93% say they spend more when unwell, 71% have put off dealing with creditors and 59% have taken out a loan they wouldn’t have taken out otherwise. The link between mental health and debt isn't something we can ignore.

The Better Off Finance program is here to help. We want to change the taboo of talking about money, support people in making their money go further and be a guiding hand to those who are ready to face their issues head on. So if you or anyone you know is out of work (don't have to be claiming benefits) and needs support, then get in touch and see if we can help.