Mind in Croydon has a brand new project, “Minding Money” funded by Comic Relief, which comes under their Welfare Benefits Advice Service. It’s a three year project, which will enable service users to make the most of their money by attending a series of workshops to help with budgeting.
This exciting and innovative project will give their clients help and advice on making their money work for them which will include online banking, opening and managing bank accounts, how one's mood might affect their spending, and so on.
Most service users believe that their debt has made their mental health worse and their mental health had made their debt worse. Universal Credit, to be introduced in 2016, will bring significant money management issues, such as the need to have a bank account, benefits being paid monthly, housing costs paid directly. These changes will cause increased levels of anxiety and the real chance of relapse.
Included in the project are:
- 1-2-1 session
- Meeting with bank experts
To help mental health service users with…
- Getting the most out of their money
- Finding out if they are entitled to additional money
- How their mood might affect their spending
- Learning about priority bills
- Opening and managing bank accounts
- Online banking skillsAlongside all this helpful information participants will have the chance to make new friends, learn new skills and build their confidence in a fun but informative manner.
If you'd like to find out more about this project the project coordinator is happy to visit your organisaiton and introduce it in more detail and drop off some leaflets. Service users can use the leaflet to register their interest or alternatively register online.