Flint Bishop

Coventry residents bite back at credit crunch by going online

Coventry residents are biting back at the credit crunch by upping their online skills in a bid to save cash, after research showed more than a fifth of people in the west midlands struggle to find best value for money.

Housing provider Whitefriars Housing has teamed up with online training specialists Numidia Education & Training, based at Park Road, to offer residents free guidance on how to save money.

The new partnership follows research by learndirect which shows that more than a fifth of people in the west midlands struggle to work out the best value for things such as electricity and gas, mobile phones and TV packages. 

The research also showed that 45 per cent of people in the west midlands think they will have at least £25 less per week to spend this year, and almost a quarter are preparing to be at least £50 per week worse off - meaning that people need to know how to save cash more than ever.

The free Worth Learning Guide offers tips, advice and information on the skills needed to do everything from easy budgeting and savvy spending, to choosing the right products and services.

Leisa Dixon of Whitefriars said: "It's easy to overlook how simple savings on everyday items can amount to big savings overall and some people get into a rut of buying the same products or using the same providers. 

"This training will help people to learn new skills to be able to make more informed decisions and make sure they feel confident that they are getting the best deal for them."

Independent financial expert, Jasmine Birtles, who helped create the guide, said: "We know it's tough at the moment with rises in VAT, petrol and energy prices, and other increases in the costs of living. 

"The research by learndirect has shown that many people don't have the skills to access information they need to get more for their money. This guide offers them tips and guidance on everything they need from easy budgeting and savvy spending, to choosing the right products and services."

WM Housing, of which Whitefriars is a part of, is running a campaign to work with its residents to increase training, skills and work aspirations in a bid to increase job opportunities and employability for customers. 

To find out how you can get the skills you want to help manage your spending and get qualifications in maths, English and IT, call Numidia Education & Training Ltd on 024 76 632942.

 

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Article published by Midlands Business News on 5 May, 2011

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