PP news editor Hope William-Smith is coming to the end of a 12-month fundraising project for charity organisation RedSTART.
RedSTART is a financial literacy and entrepreneurship education programme launched by investment manager Redington in 2011. It is on a mission to put young people in control of their finances through the provision of educational materials and the running of practical workshops.
Hope pledged to give up alcohol for all of 2020 in order to raise a good sum of money, and she is just a few days away from reaching her 12-month goal.
Research suggests good financial habits are instilled in young people from the early age of seven, and RedSTART wants to continue developing its accessible financial education material to engage with as many children as possible. The overarching aim is to teach powerful money handling habits that will transform children's ability to handle money and learn the importance of savings.
The increasing financial burdens created by student loan repayments, pension contributions, credit cards, loans, and so on create a very real requirement for young adults to be savvy with money; many receive no tailored education on managing money and the need for education has only been exacerbated this year with the UK economy sliding into economic recession.
If you are interested and able to help out, a donation to Hope's fundraising would be most appreciated. The money raised by Hope during 2020 will help RedSTART fulfil its goal of giving at least one million children the confidence to handle money.
