Sanctuary Housing residents in Cherwell are being given a helping hand to manage their finances and make the most of their money, thanks to a new partnership.
With funding from Sanctuary, the Add Up project will see Citizens Advice North Oxfordshire and South Northamptonshire providing a range of advice and services to help residents get more money-smart.
The project aims to teach people how to avoid getting into debt and learn how to plan for and understand the costs involved in running a home.
Advisors will offer group sessions on budgeting as well as tailored one-to-one support to assist people in becoming more financially aware and confident in managing their money.
Tenants, who will be referred to the project by Sanctuary, will also be able to access a variety of services offered by Cherwell District Council, mental health organisations and other agencies.
Add Up will also offer advice and guidance to help people improve their employability and access volunteering opportunities.
Kate Winstanley, Sanctuary’s neighbourhood partnerships manager, said: “The financial wellbeing of our residents is of the utmost importance to us and we are delighted to support a project that will have a real and positive impact on people’s lives.”
Sharon Graham, of Citizens Advice, added: “The Add Up project seeks to remove barriers to financial capability and give residents a helping hand to make the most of their money.
“As well as tackling any areas that require immediate action, the service will be able to offer long-term advice to help identify and stop any difficulties before they occur.”
This project is funded by Sanctuary’s Community Investment Fund, supporting projects which benefit Sanctuary residents and their communities.