DVC Students Tackle Money Management with ‘Money For Life’ Challenge

Date: 20/02/2013

Two groups of students from Dearne Valley College were recently successful in winning a bid for £500 of funding each, as part of the ‘Money For Life’ challenge; an annual competition hosted by banking giant, Lloyds. The concept is designed to motivate groups of young people across the UK to design and deliver a project aimed at improving skills surrounding money management. The funding provided will support the students in their projects, with the aim of sharing their purse-friendly tips and tricks!

The two groups of students from Dearne Valley College are currently in their second year of a Level Three Travel and Tourism course, and hope that their participation in the challenge will raise awareness of simple, cost-effective tips, aimed at prospective and current University students who are facing financial independence and the burden of budgeting.

The first group hope to tackle the topic by hosting the project ‘Budget Chic’, which will promote the benefits of recycling old items of clothing as an alternative to hitting the shops! The event will feature a live ‘fashion demonstration’, where students rework an item of clothing using accessories and a bit of DIY magic to transform it into something completely new; Gok Wan-style!

A student from the group said:
“With the popularity of Facebook and Twitter, it’s hard to get away wearing the same outfit more than once without people noticing, but students can’t afford to buy a brand new outfit each time they go out. We hope this event will make it easier for them to be inspired and rework their old garments into something entirely new – and suitable for Facebook!”

The second group will focus on promoting healthy and convenient cooking on a budget; something that students often struggle with, when living independently. The project, named ‘Super Skrimpers’, will include the promotion of meals that cost £10 or less to make, and take no more than 15 minutes cooking time, as well as highlighting the price different between the major supermarkets. The students are hoping the make this project suitable for all types of students by including vegetarian and Halal options within their ideas.

Should the students be lucky enough, their projects might even bag them a chance to enter the national final which will take place in London, with a grand prize of £1,500 for the charity of their choice! The event will take place at the College’s Manvers Campus at 10am on 1st March.

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