Year 12 students here at UCC had a series of inspirational financial workshops, thanks to the sponsorship of Penrith Building Society. The initiative helps local Sixth Formers understand more about the financial world around them and are tailored to meet the students varied aspirations whether they be university, employment, apprenticeships or a gap year. The series of talks were kicked off by Amyn Fazal, Chief Executive of Penrith Building Society and then followed finance talks led by the knowledgeable Ed Flack from “WizeUp”.
School leavers today face complex financial issues, especially when they leave home for university or begin employment. Ed’s knowledge and enthusiasm gives them an opportunity to get prepared for life after Sixth Form. We are very grateful to Penrith Building Society whose financial support allows the yearly event to occur. The students were enthusiastic to have the opportunity to quiz an expert and gain practical knowledge that will help them for life.
The workshops focused on the financial implications of studying for a degree, opening a student bank account, renting a property or sharing a flat, taxation and credit ratings as well as pay day loans and practical tips on how to start saving and investing for the future.
Student, Tilly Bird said that “Mr Flack has an impressive wealth of knowledge on the financial issues that we as teenagers face. I learnt a lot about how to deal with financial problems and about the dangers and benefits of having a credit card at my age. I think I am now more aware of the consequences of debt and the ways to prevent falling into financial difficulties. As students' we are really grateful to Penrith Building Society for sponsoring this informative day at UCC.”
Thanks to all who made this year’s Wize Up workshops possible.