Sheffield & South Yorkshire

Hillsborough College students given financial advice

Students at Hillsborough College are being given financial advice in a bid to deal with debt among young people.

Workshops are being delivered by Sheffield City Council's property management company, Sheffield Homes, to more than 250 students.

The sessions are being held as part of Financial Awareness Week at the college for 16 and 17-year-olds.

The week-long workshops will offer information, including operating a bank account through to budgeting.

Janice Bell from Sheffield Homes said: "We'll be looking at all aspects, from credit, to the true costs of borrowing, through to bills, including Council Tax and the TV licence.

"It's about making people aware of the responsibilities. We're trying to go for the preventative approach rather than the cure."

Sheffield Homes is working in conjunction with the Debt Support Unit and Sheffield Credit Union to deliver a series of sessions throughout the week.

Sessions include The True Cost of Independent Living, The Dangers of Borrowing from 'Loan Sharks' and The Benefits of Taking Out Insurance.

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