​What was Know Your Money Middlesbrough?

Know Your Money – Keep the Change (KYM) was a Big Lottery-funded money management training project that worked with young people aged 16 – 24 in Middlesbrough to improve their financial confidence. 

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When did Know Your Money operate?

The KYM project operated between May 2013 and March 2017.

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Who was involved in Know Your Money?​

Actes worked with a number of local organisations to successfully deliver the project with Thirteen Housing group acting as the lead partner.

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What practical support did Know Your Money provide?

The KYM team worked with young people on a one-to-one basis, helping them with their debts, benefits and budgeting and equipping them with the knowledge to make the best financial choices. KYM also offered accredited training programmes focused on tenancy management and employability.

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​In addition, KYM members were able to access the Advantage Club where they received a whole range of incentives and opportunities including access to Wi-Fi and computer equipment, social events, access to employment support and training and support with health issues.

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What was the impact of Know Your Money?

Over the lifespan of the project 3,032 young people engaged with the KYM, exceeding the target of 1,144.  In addition, 715 people took part in accredited financial confidence training against a target of 300. ​​​