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Budgeting Help for Struggling Families

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Published by the Pirate FM News Team at 7:02am 3rd December 2012.

The average family debt in Cornwall hits almost sixteen thousand pounds.

Experts are warning that is likely to get worse when benefits change.

Now a scheme to help people manage money already underway in Torpoint is being launched in Liskeard.

The aim of the Economic Wellbeing project is to help lessen the risk of rising household debt by providing local people with practical training, mentoring and, where necessary, access to  specialist debt advice.  

Project Manager John Ede said: “We need to identify these households as early as possible and help improve their quality of life by giving them the skills and ability to manage their budgets and debts. This will, in turn, help to improve the local economy by reducing the amount of money paid on interest payments on non priority debts”.

The pilot project will offer a range of courses aimed at giving people the knowledge, skills, ability and confidence to manage their money.  It will also provide training for a number of mentors who will provide additional support to families and individuals in the Liskeard and Torpoint areas.

Further information is available from Torpoint Children’s Centre on 01752 816569 or Liskeard Children’s Centre on 01579 349157.

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