Financial Life Skills for Young People


Four Key Relationships

Young people today face some hard challenges that many older adults have never had to deal with. Whatever kind of career a young person chooses to follow it is vital that they have the knowledge and skill to manage their own personal finances.

Keep the Cash introduces students to the 4 key relationships they will have to learn to manage throughout their adult lives.

For further information, or to ask any question please call or text Sean McGuire on 07584 085363, or Adam Yates on 07813 166931.





It is through employment that we generate the money we need to fund our lives. The skills and techniques required to gain employment are something every young person needs in order to develop a career that can match their aspirations.

Being able to conduct background research on organisations, prepare a CV, write a job application, and attend job interviews with confidence, are all dependent upon these skills and aptitudes, not just at the outset of one’s career, but throughout one’s working life.

The modern world demands that we are all functionally financially literate. The decisions we make in life often have financial consequences that are not always immediately apparent.

Being exposed to a variety of roles, and facing a wide range of challenging scenarios, while still in the safe confines of education, is the best way to enable young people to comprehend the key financial concepts that dominate all our lives – credit, interest, debt, and cash flow.

Gaining a clear understanding of these concepts and, most importantly, how they interconnect, ensures young people can cope with the competing needs of spending, saving, investing and managing their hard earned money.

We all have to pay for somewhere to live. The current housing market is the toughest one in living memory for young people to enter successfully. Sky high rents, very limited access to mortgages, great pressure on social housing.

It is imperative that we prepare students for the life long costs of housing and the variety of options they can select to suit their own aspirations, and their ability to pay.

It is one of the really fundamental ways that concepts like credit and interest become real to every student.

We need to educate young people about taxation and its role in their lives. Not just because they will pay tax throughout their lives ( in a variety of ways that are not always obvious) to fund public services of all kinds, but because they need to understand their role as tax paying members of the community.

It is a set of mutual obligations which operate on them and the rest of the society they are all part of.

If they understand that, they can go on to play their full part as active citizens in a modern democracy, with all the benefits that will bring.