The National Youth Agency is a member of the Single Guidance Financial Body (formerly Money Advice Service) Young Adults Steering Group and this report explores the idea that better financial capability can improve the social mobility of disadvantaged young people by helping raise awareness of the implications of financial decisions in the short, medium, and long-term.

Although there is strong evidence that financial capability can make a difference to how young people manage their money in the short-term, the impact this has on long-term social mobility is less clear. However, there are a range of innovative programmes that show how improved financial skills help young people to progress in their everyday lives. This paper argues that these positive steps can make an important contribution to their long term future.

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