We want to help you to get started in adult life, and here's some links and ideas which might make it easier.
Please let us know if they are helpful, and if there's anything else we can do to help.
Help with finding a job
Catch22 * provides really helpful guidance for young people seeking apprenticeships and work opportunities: here's the link -
But if there's any other organisation you'd particularly like to work for, we'd be happy to help in any way we can.
* The Catch22 National Care Advisory Service (NCAS) is the leading national body aiming to improve policy and practice relating to young people’s transition from care to adulthood. Their aim is to see all care leavers able to achieve their full potential and aspirations.
Help with handling money
Handling money is all about getting the right balance between what you get in and what you pay out, and between what you own and what you owe.
Income - what you get in
This could be your wages, benefits you receive, or money paid to you on your savings. It's best to look ahead, to plan where your income is going to come from and how you could increase it in the future.
Spending - what you pay out
This could be rent for housing, food, clothes or transport. If you’ve borrowed money it could be interest and repayments. Make sure you cover the essentials before spending on luxuries. And it's a good thing to keep your total spending less than your total income. That way you can put extra money into your savings.
Assets - what you own
These could be your mobile phone, a car, a flat or your savings. The mobile phone and car may be good to have, but they lose their value and cost extra to run: so resulting in more spending. A flat may go up in value but, unless you take a lodger, it won't pay you any income. Savings, if they're held as investments, can go up in value and can pay you some income. Their value can also fall, but they're good for a rainy day when you really need the money.
Borrowing - what you owe
This could be a mortgage to help buy a flat, a personal loan to help buy a car or a payday loan to tide you over to the next payday if you’re working. These last two are generally veryexpensive and will cost you heavily in terms of both interest and repayment. Try to avoid borrowing by waiting until you can afford what you want to buy. If you do get in a scrape try contacting the nearest citizen’s advice bureau or credit union.
Here’s the contrast between keeping your money in good shape - good -and always being under stress - bad.
The first way, where extra income feeds extra savings and therefore more income you don't have to work for, is ‘making your money work for you’.
The second way feels like being on a treadmill, working harder and harder to cover the cost of borrowing.
So if you handle your money well, your savings will grow.
If you handle your money badly, your borrowings will grow.
It’s as simple as that.
Help with further education or training, or setting up a business
The Prince’s Trust * is a national youth charity that helps young people to build the life they choose rather than the one they’ve ended up with.
They can help you access to start-up loans and help with setting up a business, for example.
Or they can help you find additional training or further education.
Because they have people 'on the ground' all over the United Kingdom, there'll be people you can meet to help you get started. Here's the links:
or freephone number 0800 842 842
see also their Fairbridge Programme
Please refer to Sharefound +.
* The Prince’s Trust runs an action research project called ‘From Care to Independence.’ The project provides one to one support to care leavers and explores ‘the best model of one to one support to help care leavers into education, training, employment or volunteering and to sustain this positive outcome.’ The one-to-one support will be delivered across 15 locations in England. In addition they offer 200 care leavers photography/media courses (with Headliners), 20 volunteer placements, and opportunities to become Prince’s Trust Young Ambassadors. Each year they host the annual conference during National Care Leavers’ Week. They communicate with care leavers, practitioners, policy makers and the general public. Over the five year period, they intend to improve knowledge/skills, influence policy and raise awareness about the needs of care leavers.