How much pocket money should children get? We're hearing the average is £7.55 for 8 to 11 year-olds and £9.01 for 12 to 16 year-olds. But when should children start getting money and how can it be used to teach them about finance?
Tuition fees are increasing for students, low-income families are losing grants, more competition for jobs, high house prices - what does all this mean for kids out there with big dreams? And what do they think of their chances in a post Brexit Britain? Joining Georgie Frost today are three young men who are helping shape the next generation of business. Adam Bradford is an award winning social activist, Louis Howell is a Youth and Community Trainer, and Jacob Sarkil is former young mayor of Lewisham and a youth leader and social entrepreneur.
Sarah looks at the idea of fraud and how people are most likely to be targeted. Figures show an increase of 16 per cent for 2015 compared to the year before, but how can you help to lower your risk of being a target. To discuss this Sarah is joined by young money champion Amelia Murray, Mike Haley from CIFAS and Steve Proffitt from Action Fraud.
It's festival season! Before you grab your wellies and tent, listen to Sarah Pennells and our Young Money Champion, Rachel Healy, discuss how to cut and keep the costs of festivals down. Bronnie Hughes of Student Money Saver and Nick Hill of Money Advice Service share tips and tricks of using vouchers to save and give us the do's and don'ts when it comes to protecting your valuables.
Shop Floor, in association with the Inspirational Development Group, opens with an insight into the Queen Elizabeth Prize for Engineering. Lord John Browne, QE Prize Trustees and former Chief Executive of BP, explains what the award represents for the profession and why there needs to be a social change to encourage children to become engineers. Neil Pickering, Industry and Customer Insight Manager at Kronos, analyses how British businesses can avoid wasting over £60 billion a year on unnecessary admin, while Leeson Medhurst, Head of Workplace Consultancy at 360 Workplace, explains why office space can affect a company's productivity.
We get into the nitty-gritty of Annie’s spending patterns, and help her out of her financial pickle.
We look at our essential spending and how to cut back on non-essentials. We talk about putting money aside for big one-off purchases, and the ups and downs of online shopping.
Episode six of Managing My Money with Glen Goodman, Annie Weston and the Open University, looking at events which can change your habits, understanding different savings products, AER, what risk you are taking, the difference between savings and investments.
Sarah Pennells is joined in the studio by our Young Money Champion Kate Palmer, and also experts Karen Kennard from The Scholarship Hub and on the phone with David Jobbins from The Complete University Guide to talk about student grants for university.
Tax and benefits. How do they fit together with your income so you can budget sensibly?
What's the difference between income and wealth? How do you work out the size of your assets, and how are they affected by inflation? Then we move on to tax & benefits and find out how all this fits into our personal budget planning.