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Tenants earn £30 on finance course

Monday 15th April 2013

New housing association tenants can earn money while learning how to manage their finances.
County Durham social landlord Derwentside Homes is running a free six-week course for its tenants providing information about budgeting, savings, benefits and borrowing, with advice also given about changes to the benefits system that are likely to affect tenants.
New tenants who attend will have their rent accounts credited with £30.
The course is being run in partnership between Derwentside Homes, Clean Slate Financial Wellbeing Services and homelessness charity Crisis.
Those taking part will gain a Level 2 Financial Literacy qualification with the option to go on and take an accredited numeracy qualification.
Tenant Dennis Lavery is one of the first people to undertake the training. The 62-year-old former postal worker, from Blackhill, is semi-retired and now works part-time at a local supermarket.
He said: “I heard about the course from Derwentside Homes and thought it sounded like something that could be very useful, especially at the moment.
“I think everyone is finding it a bit of a struggle right now so finding out more about how to manage money and make it go a little bit further is a big help.
“It’s been great to meet new people and now if I ever have any financial problems in the future I know where to turn and how to deal with it.”
The idea for the course came from Michelle Graham, an employment initiatives officer at Derwentside Homes. She contacted Derwentside Training, which agreed to run the course from its centre in Consett, with the sessions delivered by Graham Brewis of Clean Slate Financial Wellbeing Services and Crisis.
Michelle said: “Money is tight for everyone right now but being able to manage your finances effectively can make a big difference, which is why we decided to offer this free course to our tenants who were in need of this type of support.
“We’ve had really positive reports from those taking part and the demand is definitely there so we will be running another course in April as well as looking at offering a numeracy qualification too.”

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