Supporting CLA to develop their financial capability

The Fostering Network Wales

Supporting children and young people looked after to develop their financial capability: Free webinar for foster carers in Wales.

Please note, this webinar is for foster carers in Wales. Understanding money, how to budget, where to get it, how to save it, and what support is available, is an essential skill that CLA require to thrive in the future.We know that children and young people develop at different times, but it is never too early to start talking to them about money. For example, many children can begin to develop attitudes around money as early as five years old. With foster carers help, these can be positive and healthy.Research carried out by the Money and Pensions Service shows that only half of children and young people in Wales learnt about money at school, therefore foster carers have a pivotal role in supporting the children and young people they care for, to build their confidence and capabilities in understanding and managing money, equipping them for their futures.This webinar will help foster carers:•	Understand why talking about money in the home is important and at what age to start these discussions and how.•	Explore different money-management activities for children and young people in a range of age groups.•	Consider children and young people’s care experience, when understanding different behaviours and knowledge around money.•	Understand children looked after financial entitlements and support, for example, savings, child trust funds, credit unions and pathway planning.Speakers will include Lee Phillips from The Money and Pensions Service and Kate Aubrey from The Getting Ready Project, Children in Wales.

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Supporting CLA to develop their financial capability

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Supporting CLA to develop their financial capability

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