Money advice centre benefits from local support

Money advice centre benefits from local support

Darlington Building Society has supported the Know Your Money centre in Middlesbrough with a donation to help young people back into work. Know Your Money is a Big Lottery funded project led by Erimus Housing Ltd. The project itself involves various partner agencies and helps young people to improve their financial confidence.

The Middlesbrough branch of the Society has donated £300 to the free money advice service. 

The donation will help to fund individuals who are looking for work and need documents such as a birth certificate or a CRB check. The money will also be used for those who are struggling with fuel poverty. 

Know Your Money offers a wide range of support to 16-24 year olds including financial advice, IT facilities and employment support and training.   

The centre also offers a shower room, washing machine and food packs for those with limited facilities or who are homeless.

This year, Darlington Building Society is celebrating its 160th anniversary by raising and donating £160,000 to a range of local organisations.

Know Your Money won the Lasting Legacy award at this year’s South Tees VCS Awards, of which Darlington Building Society were sponsors and from there the relationship has grown.

Louise Thorpe, Middlesbrough branch manager at Darlington Building Society, said: “The Know Your Money centre helps so many young people across the local area and we are delighted to have been able to support its services. We understand how difficult many young people find it to manage their finances so the free advice the centre offers is invaluable. 

“Supporting the local community is such an important part of Darlington Building Society, over the years we have supported countless deserving charities and causes.”

Susan Borrow from Know Your Money, said: “I cannot thank Darlington Building Society enough for its generous donation. We are a free service so we rely heavily on support from outside organisations. The Society’s donation will go towards helping young people back into work which is one of the instrumental services we offer.” 

Young people which need help from the project should call 01642 240336 or visit the website

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