Students at Weymouth College become Better at Budgeting

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Barclays Money Skills kicked off last week at Weymouth College with over 1000 students taking part in activities throughout the College to gain money-saving skills with support from staff at regional Barclays’ banks.

On Tuesday 19th March, eight groups of classes from across the College learnt about the benefits of having a bank account and the difference between bank accounts and ISA accounts, credit cards and overdrafts, as well as learning about student accounts from Stephanie and Mitch from Barclay’s Bank in Weymouth.

Also during the week, students were able to chat with regional business managers, Nick, Alex and Gurmeet from Barclays and enter two competitions to win £20. The first task was to spot ten differences between two retail store cards and the second task involved students giving their ‘top money saving tip.’ Three winners from each competition will win £20.

The six winners from both competitions will be entered into the Barclay’s National Competition where there are lots of prizes up for grabs, including an Apprenticeship at Barclay’s HQ in London, which they would start after completing their studies. Two years ago, one lucky winner from Weymouth College was invited to floor 30 of Barclay’s HQ to meet with top bosses and have a day out in London.

Barclays Money Skills in FE colleges is run in partnership with The National Skills Academy for Financial Services, alongside Scotland’s Colleges, Colleges Wales and the Educational Guidance Service for Adults, in Northern Ireland. It is being held until Friday 28th March at Weymouth College.

For further information about what’s involved in the programme, please visit: barclaysmoneyskills.com/weeks

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