The Big Lottery Fund Scotland Blog- Let’s Talk Money
As it’s Scottish Financial Capability Week, we want to #TalkMoney and look at how our Delivering Financial Inclusion programme, which is funded jointly by the European Social Fund and National Lottery players, is helping disadvantaged households across Scotland improve their money management skills and reduce debt.
Lots of households experience money pressures, but things can be particularly tough for lone parents, unemployed people and those on low incomes.
As a result, our programme helps people in Argyll & Bute, Dundee, Inverclyde, Glasgow and North Ayrshire with these pressures, by bringing together local partners to co-ordinate support around debt advice, fuel poverty, money management, digital skills, affordable credit and banking services.
We know from The Financial Capability Strategy for Scotland that struggling to pay bills or deal with debts not only impacts on people’s day-to-day quality of life, it can have significant long-term effects on peoples’ wellbeing, relationships and opportunities.
By enabling people to address their money worries, make informed decisions and plan for the future, people are starting to build financial resilience.