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Lessons to help you manage your cash

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Thursday, November 22, 2012
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Plymouth Herald

PEOPLE in South East Cornwall are to be offered help managing their money.

The Economic Wellbeing project will be officially launched at the Torpoint Youth and Children's Centre on Tuesday, November 27, and at Liskeard Children's Centre on December 3.

The aim is to help reduce the risk of rising household debt by providing local people with practical training, mentoring and, where necessary, access to specialist debt advice.

The project is being led by East Cornwall Citizens Advice Bureau Initiative in partnership with Liskeard and Torpoint Children's Centres and funded through the East Cornwall Local Action Group, part of the Rural Development Programme for England.

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Project manager John Ede said: "The average household debt in Cornwall is around £15,793 and we know that more and more people are struggling to cope with the rising cost of living.

"The planned changes to benefits, which are coming into effect, are also likely to increase the number of families and households under financial stress."

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