DebtAware have been chosen as one of the latest beneficiaries of the Co-op’s local community fund
We are asking for Co-op customers to help us raise money for our financial capability education programme.
Over 10,000 children from 150 schools are currently receiving the charity’s free money lessons, which seek to embed the knowledge, behaviours and attitudes that will enable them to manage their finances with confidence in the years to come.
Financial capability is an essential life skill, however the subject is currently not part of the primary national curriculum. Through the Co-op fund, there is the potential for us to raise several thousand pounds so that we can set up the programme in even more primary schools.
The way the scheme works, every time a Co-op member uses their card to buy own brand products or other Co-op services, they receive a 5 % reward with a further 1% going into the local community fund which will be shared among all the selected causes at the end of year.
However, Co-op members can also go online at coop.co.uk/membership and choose Debt Advice Foundation as their preferred charity, meaning that all the money that customer generates will go exclusively to our cause. If you are not a Co-op member, you can sign up for just £1.
Brian Souter, education manager at DebtAware added
“We believe that many people find themselves in serious debt because they have never been taught how to manage money. The whole ethos of DebtAware is that young people should be given the chance to learn money skills at the earliest opportunity.
“Through this fund, Co-op shoppers can raise money which will directly help us to ensure that financial education is in the heart of our local primary schools.”