Money Buddies is a new project supported by the Aber Fund and University Student Support Services which aims to encourage students to develop their skills in budgeting and financial.
Simply it is a peer-mentoring scheme that will focus on improving budgeting and financial capability amongst students. Crucially we want student volunteers to lead on the projects design and delivery with support from staff. The aim being that by doing so the project improves retention and prevents students from coming into hardship.
The project will use a variety of ways including:
- Resources and Training – working with staff to produce materials and deliver workshops on key topics.
- Events – using key points in the academic calendar to share useful information and resources with students.
- Referral / Signposting – signposting students where needed to support services as well as being available for referral by services also.
- Drop-ins / Door knocking / Lecture talks – proactively reaching out to students across campus with information that is of interest.
- Research – designing and gathering feedback on student experiences of hardships and money habits.
Apply to be a Money Buddy Now!
A financial capable student is someone who keeps track of their month, plans ahead and is able to make informed decisions about recognising the risks and benefits of particular options.
Money buddies are not ‘advisors’ but will be proactive in providing information and guidance to students where needed but also reactive and able to respond to trends and issues. They will highlight particular topics such as ‘living on a budget’ or ‘understanding wages’.
For more information about the role of Money Buddies visit Current Opportunities section of our Volunteering pages.