Marsden’s Money Management
by Colne Life magazine
Marsden Building Society’s £1.5k boost for financial well-being in Colne
The Marsden Building Society Charitable Foundation awarded £1,500 to the Colne Open Door Centre, to fund a six-week financial well-being course for local residents.
The course, which was delivered to 120 Colners, tackled issues such as debt, budgeting, money management and recognising situations that may trigger non-essential spending. Additionally, the programme equipped participants with the skills to develop healthy spending and savings habits.
The Centre will continue to run the course for new members until December 2024 and participants also have access to further support related to financial problems, including crisis support workers and a food bank.
“The majority of people who accessed the financial well-being course live in a part of East Lancashire that falls into the bottom 2% in the country for deprivation…”
Nick Alderson, Charity Manager at the Colne Open Door Centre, said: “We’ve been delighted to offer financial literacy skills to so many people in our local community. The majority of people who accessed the financial well-being course live in a part of East Lancashire that falls into the bottom 2% in the country for deprivation; it’s been fantastic to be able to instil some lifelong skills which will of course benefit individuals and families in the weeks, months and years ahead.”
Marsden’s Charitable Foundation, launched just last year, has now handed out over £60,000 across Lancashire, with a focus on financial well-being, inclusion, and green projects.
Read more about the Open Door Centre here.
ColneLife Dec/Jan 24/25
