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To increase our impact and reach, as we help more families improve the knowledge, confidence and skills to manage their money.

by bMoneywize in Barking, England, United Kingdom

National Emergencies Trust Local Action Fund

We’re taking part in the National Emergencies Trust Local Action Fund. Donations to our project will be matched by the fund up to the value of £250 per donation to help us overcome the effects of the pandemic.


Please note only one donation per supporter will be matched by the National Emergencies Trust Local Action Fund.

Why we exist:

Hello! My name is Arinola. My burning mission is to simplify the language of money management and make it fun for children, young people and their families.

I am a mum to 3 young adults. There was a time when I realised we were spending too much on entertaining friends. My daughter, Ayo, had friends who came over after school as she practised her cooking skills, and this happened every day. I had to help them understand the value of money, so the quest to find a way gave birth to the company, bMoney Wize.

I started bMoneywize to help young people and families improve their money management skills like I had to. 

When you support us you will enable us to run more FREE workshops for young people. We are asking for £2000 to run 10 more money workshops. 

 Costs: 

Workshop & Facilitator costs: £1500

Insurance, staff DBS, materials, marketing: £500

Thank you for helping us reduce

  • money worries amongst young people
  • the number of people getting into debt 
  • the number of people who do not have savings. 

Our gift to you!

We are offering FREE places on our teenager money online course for donations above £9, on the graduatesmoney course for donations above £14, and on our two signature money education courses: Teenager Money and Graduates money course for donations above £20. And a board game for £24 donations.

Thank you in advance for supporting our cause! 

Why financial education matters for children: Government research suggests: 

"The skills, knowledge, attitudes and behaviours that help people to manage money and achieve good financial wellbeing begin to develop from an early age. Research shows that financial behaviour starts to be shaped between the ages of three and seven, and long-term financial outcomes can be predicted from skills and behaviour in children as young as five.

Too many children and young people are unprepared for the money decisions and challenges that lie ahead. Almost four in ten (38%) of 7 to 11-year-olds do not have a bank account of their own, and less than half of 11 to 17 year-olds feel highly confident managing their money. Of those 7 to 11-year-olds who receive regular money, less than four in ten (37%) say they regularly save some of it.

Financial wellbeing is an important factor in supporting children and young people’s mental health now and in the future. Almost a fifth (17%) of 16 and 17-year-olds report feeling anxious when thinking about their money, and this figure rises to 50% of 18 to 24-year-olds.

Our team:

We have a growing team that includes 3 directors, 3 non-exec directors, 3 employees and 7 young interns from Queen Mary's University, London. They have different roles including shaping, marketing and creating new products to meet our mission.

What we do

We started creating game apps, online courses, YouTube videos, books and web games to help people talk about money money, more.

Our first award-winning product is the bmoneywize game that helps families start the money conversation at home! 

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Below is Albert's game for primary school children. 

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Our interactive videos, created by a university student, Lisa, teaches basic money concepts that young people can relate to. The money education courses are teenager money and graduatesmoney. to prepare youths for adult life. 

We have also created moneymath and moneymaths apps on the Apple App and Google playstores. A screenshot of one of our apps is seen below.

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We need to raise the funds we have requested to continue to run FREE money workshops in secondary schools across the country. This will help us train more young people to become money ambassadors. 

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Our popular teenagermoney course has 21 videos on topics like budgeting, the value of money, emergency funds and is themed: 12 money lessons I wish Ihttp://teenagermoney.com learned at school. They were produced by Jelizaveta, a Queen Mary's University student. 

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"Being an adult and managing your finances can be a struggle for some of us. We all know that we should plan, budget and take care of money and our spending. But how many of us do it? We are supposed to rationalise each purchase and think upfront about whether we can afford something and whether we need the item we want to buy. Or is this purchase just a way of satisfying our infinite wants?

Most of us wish we learned about money before our 20’s so by the time we are 30 we have some savings, investments and we understand how to manage the money.

We wish we didn’t make so many mistakes, didn’t waste hundreds of pounds on useless purchases. We wish they taught us more about money at school," says Lisa.

We have also created a YouTube where all our videos are uploaded. Watch the playlist of 12 money lessons I wish I learned at school; all produced by Jelizaveta

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When you support us you will enable us to run more FREE workshops for young people. We are asking for £2000 to run 10 more money workshops. 

 Costs: 

Workshop & Facilitator costs: £1500

Insurance, staff DBS, materials, marketing: £500

Thank you for helping us reduce

- money worries amongst young people

- the number of people getting into debt 

- the number of people who do not have savings. 

Our gift to you!

We are offering FREE places on our teenager money online course for donations and on the graduatesmoney course.

Thank you in advance for supporting our cause! 

Rewards

This project offers rewards in return for your donation.

£9 or more

Teenager Money Course

A FREE place on the Teenager Money course. A must for everyone who has teenage children and wants to help them make sense of the world of money. The course includes videos on 1 2 money lessons I wish I learned at school. See a preview of the course here: https://teenagermoney.voomly.com

£14 or more

Graduates Money Course

A FREE place on graduate money course. It is the ideal teaching video resource for all individuals before they start earning money! It is themed, "money lessons before you graduate." Avoid the many problems people have with budgeting, debt, compound interest, credit cards and more with these interactive videos created by a university student. See the course preview here: http://graduatesmoney.voomly.com/

£20 or more

£20 Money Courses

FREE access to our two signature money education courses: Teenager Money and Graduates money. They include budgeting, saving, banking, compound interest, wages, taxes, pension and more! A great tool to get young people to think about how money works.

£24 or more

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Board game

Get a signed copy of our popular bMoneywize board game. The perfect to get those money conversations started at home! It teaches budgeting, saving and decision-making skills.


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