The Art of Money Skills is an innovative project that helps people experiencing poor mental health to improve the management of their personal finances. This is achieved by using a three pronged approach of counselling, debt advice and creative sessions.
Creative sessions tackle the notoriously dry subject of money using art, felt making, print making, 3D design, textiles, and money games. Alongside the creative sessions, debt advice and counselling sessions are offered to reduce individual debts and address the underlying causes. External evaluation of the project revealed that the Art of Money Skills was a great success and had a significant positive impact on the individuals supported and all the stakeholders of the project. Our external evaluator reported that all outcomes were met: the project helped to build confidence about managing money; it helped to improve people’s sense of well-being; it reduced the stress people felt about their debts; and it helped people feel more independent about their financial affairs. Critically the project made a telling impact on reducing people’s debts. Participants’ debt levels decreased by, on average, 46%. Read thefor our one year pilot project here.
The project was supported by both George Eustice MP and Stephen Gilbert MP.