Experian and National Literacy Trust supports financial capability of young people across the UK
Experian is delighted to announce a new partnership with the National Literacy Trust to support financial literacy amongst young people across the country.
The Words that Count campaign will boost the understanding of financial matters for those aged 16-24, with little or no experience in money management.
James Jones, Head of Consumer Affairs, Experian UK&I, said: “We’re delighted to join forces with National Literacy Trust to help young people build the skills and confidence in words that can help them improve their financial health. We know that 16-to-24-year-olds have been one of the most heavily impacted age groups since the start of the pandemic, so it’s vital they get the support they need to help them succeed and avoid long-term problems associated with financial difficulty, such as problem debt and poor mental health.”
Jonathan Douglas CBE, Chief Executive of the National Literacy Trust, said: “Our research highlighted the clear and urgent relationship between someone’s reading and financial abilities. ‘Words that Count’ aims to give people the confidence and competence to understand words in everyday situations that will allow them to make sound financial decisions knowing and using what support is out there, regardless of their situation. The advancement of technology has been brilliant on so many levels but there’s a limited number of people who are now equipped with the financial skills to become successful. We cannot afford to let this pandemic ruin young people’s futures any more than it has already. I would urge all young people to sign up for these free courses.”