Sound as a Pound supports vulnerable social housing tenants in Nottingham to improve their chances of becoming financially confident and so reduce the risks of homelessness.
Funded by the Big Lottery Fund, and led by Nottingham Community Housing Association, the programme has already supported more than 1000 tenants.
The project receives client referrals from landlords’ tenancy support officers, statutory services, care provisions and charities. People also self-refer over the telephone or online.
Sound as a Pound helps people develop the skills needed for taking care of everyday finances by teaching them about money management. Clients learn how to budget, apply for grants and loans, set up bank accounts and find affordable furniture.
Many of the learners go on to become volunteer peer mentors with the project. Peer mentors take on activities such as maintaining the website and social media, conducting drop-in sessions in their community, and helping with training sessions and community events.
Sound as a Pound also supports its volunteers to work towards a City and Guilds qualification in peer mentoring. Fourteen peer mentors have also gone on to secure full time employment.
“Learning at Sound as a Pound made me more aware of how to save money. I found my passion, my ambition and a job where I could use the skills to help my community,” said learner, Jessica.
“Sound [as a Pound] is hoping to build on its strengths and develop new strategies for supporting financially vulnerable people outside of the city,” said training coordinator, Chris.
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