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August 17, 2023

Managing your money

We know that for some young people the thought of managing your own money can be scary; you won’t be expected to ‘just know’ about ...

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November 24, 2024

Illegal money lenders

Illegal money lenders or loan sharks as they are more commonly known are criminals and they will lend money to almost anyone at extortionately high ...

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August 17, 2023

MyBnk’ – online financial education for young people

MyBnk offers support with budgeting, being independent, banking and borrowing through ‘Money Works’ sessions online. ‘Money Works’ offers a range of accredited life skills, money ...

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Living costs for 16 and 17 year olds

August 17, 2023

Living costs for 16 and 17 year olds

We provide a ‘personal allowance’ payment to cover your daily living costs if you are living semi-independently and cannot claim benefits. We will help you ...

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August 17, 2023

Savings

Torbay Children’s Services makes sure that your foster carer puts aside savings for you during the time you are cared for. This is to ensure ...

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Initial benefits claim

August 17, 2023

Initial benefits claim

If you are working and / or are eligible for benefits, four weeks before your 18th birthday you will be supported by your Personal Advisor, ...

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August 17, 2023

Clothing allowance

If you are aged 16 or 17 and living semi-independently, you may be given a clothing allowance of up to £550 every financial year once ...

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August 17, 2023

Birthday Gifts

You may receive a £30 gift on your 16th and 17th birthday.

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August 17, 2023

Holiday grant – new

As a former relevant young person in education or training, the Care Experience Service may be able to provide you with funding towards a holiday. ...

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August 17, 2023

Social and leisure activities

We want you to be happy and healthy, and will encourage you to take part in social and leisure activities. If you are aged 16 ...

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