Managing your money can be difficult for any young person, but financial support is available for young carers

 Young woman in a shop holding coat and laughing

We have spoken to young carers about what advice you might need to manage your money now and to help you be more financially independent in the future.

The world of finance can be daunting, and there are lots of words you might not have heard before. Have a look at our Jargon Buster to get to grips with some financial vocabulary.

There are lots of websites that give you up-to-date information and advice about financial products and services, like bank accounts, taxes and benefits.

  • Our advice hub has information about how to manage your money, including choosing a bank account, budgeting, saving, moving into your first home, and much more.
  • The Money Advice Service offers free and impartial advice about a range of products and services, including mortgages, savings accounts, benefits and how to manage debt,
  • Money Saving Expert is a regulary updated website that tells you about the best bank accounts for your needs, changes to the law that affect loan repayments, and how to get special offers and freebies.
  • Citizens Advice have free advice about benefits, housing, your rights at work, and much more.
  • Stepchange are a debt advice charity that can help you arrange a debt repayment plan that suits you and your situation. They can give you information and guidance for free.

In our advice hub, you can also find lots of information about how to access help if you are thinking about running away or you are being abused, and how to look after your own wellbeing. To find out more about your rights, download our Know Your Rights pack.