The aims of the project

• To improve older people’s knowledge, skills and confidence to manage their money.
• To provide practical, individual assistance to older people to overcome money management and debt problems.
• To raise awareness of the issues of older people, debt and money management.

How it works

There are 12 projects nationwide, each run by a trained adviser who:

• delivers awareness-raising sessions to groups of older people, providing them with information on money management.
• helps maximise older people’s income by checking their entitlement to benefits.
• helps older people who are in debt by negotiating with creditors.

Find contact details for our projects in the Your Money Matters programme.

How it helps

Mr Brown, a 72-year-old widower, is in poor health and lives alone in a council bungalow. He was referred to the Your Money Matters project by a local voluntary sector organisation, as he had a number of debts which were causing him great anxiety. 

Mr Brown’s debts were all priority debts relating to utility bills and amounted to £1,200. He was so distressed by the content of the letters he received from the debt collection agency that he refused to open the door to any caller or to open letters.

Our adviser made sure that Mr Brown was receiving all the benefits that he was entitled to, helped him to organise all his letters and took responsibility for contacting the debt collection agency, negotiating affordable repayments. As a result, Mr Brown can live his life without fear of someone knocking at the door.