A money management research project is offering help and advice to people in Blyth.
Blyth Valley Enterprise Limited (BVEL) has received a grant from the Big Lottery Fund’s Awards For All funding programme to research the need for money management tools in the area.
They are working with a Northumberland based company MyMoneyPA.com to carry out the research.
The grant will enable a number of workshops at local community venues to engage with potential users to: Investigate the full extent of the problems people face managing their finances; determine the demand for simple, interactive money management tools; gather opinions from a wide range of people on the features they would like to have; understand how they manage their affairs at the moment including the actions they take if they spend more than they receive; and review how they share their situation.
A spokesperson for BVEL said: “As a community focussed, not for profit organisation, BVEL is well placed to carry out this much needed research in the current economic climate.
“We are delighted to be working with MyMoneyPA as they are consumer champions and share our ethical values.”
If the results of the research are positive then further funding will be sought to develop ‘free to use’ money management tools.
Buffalo Community Centre, 55 Regent St, Blyth, on Friday, September 13, from 10am to noon, and aagain from 1pm to 3pm, and the Briardale Community Centre in Blyth, on Wednesday, September 18, from 10am to noon and 1pm to 3pm.
The first ten people will receive a £10 Morrisons voucher.