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Young People Money Guide

Young people are not often taught about the best ways to handle their money, which is why often their first experience of dealing with debt is through high-interest payday loans where the debt usually stays with them into most of their adulthood.

One of our community aims at Wave Community Bank is to teach money skills to help young people make good decisions about their money and have created this page which is full of articles and information so they can learn how to better manage their money.

At Wave Community Bank we are here to server our members so if there’s anything else you’d like to learn more about then let us know and we’ll get our team of experts onto it!

Designed for young people, this money guide section provides helpful tips to manage debt,

money and more! 

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BUY NOW PAY LATER

Article warning young people the dangers of buy now pay later schemes.

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MONEY GUIDE

Helpful article on how young people can manage their money better.

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BUDGETING TIPS FOR STUDENTS

Helpful tips on for students to budget better.

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CHRISTMAS ON A BUDGET

Helping young people to manage budgets at Christmas

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HOW GOOD ARE YOU AT BUDGETTING?

Find out more about how good you are with budgetting.

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WHAT HAPPENS TO YOUR MONEY AT WAVE?

Find out more where your money goes

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KEEP THE SHARKS AT BAY

Ways to keep a look out for loan sharks.

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MANAGING YOUR DEBT?

If you have lots of debt then here’s a helpful guide on how you can start tackling it.

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DECLARING YOURSELF BANKRUPT?

This explains why declaring yourself bankrupt is a bad idea!

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CREDIT SCORE

Here’s some helpful tips on what you can do to improve your credit score.

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DEALING WITH CCJs

If you have a County Court Judgement to collect debt here’s what you can do.

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SAVE MONEY ON YOUR SHOPPING

Helpful tips on how students can save money when food shopping.

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WHAT TO DO IF YOU'RE BROKE

If you don’t have enough cash in your bank to buy the essentials here’s how you can get help.

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MONEY SAVING TIPS FOR YOUNG PEOPLE

Here’s some ethical ways to help you save. Talk about the goal setting account. Allocate saving money at the beginning of the month before you spend it. Advantages of saving for future.

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GETTING YOUR OWN PLACE

This explains how you can get help either renting or getting your first step on the property ladder.

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SAVING UP FOR UNIVERSITY

If you’re thinking about saving up for University then here’s some helpful ways to save (ask people to put money in your Engage card).

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IS IT TOO EARLY TO SAVE FOR RETIREMENT?

It’s never too early to save for retirement and here’s how you can do it.

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STOP THE SCAM

Some helpful tips on how to avoid being scammed online.

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HOW TO SAVE WHEN OTHERS ARE SPENDING

Some helpful tips on how you can save money when others around you are spending.

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SAVING MONEY ON YOUR BILLS

Tips like shopping around and never automatically renewing mobile phone contracts could save you money. Here’s some more tips.

Become one of our Young Savers today!

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Opening Hours

Our phones are open Monday to Friday between 9.30am-1.00pm and we continue to monitor our emails between 9.30am to 4.00pm.

Contact Us

Phone: 0300 303 3188

Email: info@wavecb.org.uk

Face-to-face appointments at Hove Town Hall by arrangement only.

Addresses:

East Sussex, Brighton & Hove:

Tisbury Road Offices, Hove Town Hall, Tisbury Road, Hove, BN3 3BQ

Kent, Medway and Bexley:

39-48 Marsham Street, Maidstone, Kent, ME14 1HH

Wave Community Bank serves members in East Sussex, Brighton & Hove, Kent, Medway and the London Borough of Bexley, plus members of Unite in the South East Region. Withdrawals over £5000 will take 5 working days to process
Wave Community Bank is a trading name of East Sussex Credit Union Ltd.Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. FCA Firm no 213910

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