We aim to ensure that our residents are able to access the basic financial services products that are needed to participate in a modern society. We are particularly interested in projects which promote routes to local services that offer impartial financial advice, guidance and support to build people’s confidence to manage their money and make informed financial choices.
Case study: PennySmart Project – Blacon - Rayleigh
To help residents in Blacon, Chester, reduce their debts and learn how to manage money differently to avoid getting into financial difficulties.
PennySmart has helped 50 people in Blacon reduce their collective debts by over £58,000 in the space of a year.
PennySmart offers people advice on how to deal with debt and how to manage money to avoid getting into financial difficulties.
Chris Leicester, Sanctuary’s Neighbourhood Partnerships Manager, said:
“The financial well-being of residents is of utmost importance to us and PennySmart’s continued success through its various programmes has helped us address this significantly.
“The results have been tangible, effective and sustained.”
I was slowly drowning, I couldn’t see any light at the end of the tunnel, couldn’t get my head above water.
Then I was introduced to PennySmart and from the very first meeting, my life started to change for the better.
I would like to thank them and offer my sincere gratitude to each and every one that was involved in changing my life.