Financial Literacy Programme

Solace in Finances

For revert sisters from the BAME community who have been struggling financially, exacerbated by COVID-19, and wish to improve their families financial situation through learning how to keep their spending in check & their savings on track for the future.

Apply to join this programme before the timer ends

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The Solace UK Financial Literacy Programme

Budgeting is a vital skill. It helps you stay on top of your finances and paves the way for you to save money towards the special things in life or achieving certain goals. Whether your goal is to spend no more than you earn, reduce your debts, or save for retirement, a home or a vacation, this budget training is for you. 

Solace UK is pleased to announce that we have received external funding specifically for revert sisters from the BAME community who have been struggling financially, exacerbated by COVID-19, and wish to improve their families’ financial situation through learning how to keep their spending in check & their savings on track for the future. 

The programme sessions will start in November.

Applications are now open to a limited number of revert sisters from the BAME community.

Note: This training program is being funded externally and the qualifications set by the funders is for beneficiaries to belong to the BAME community as a way of aiding and giving back to ethnic minorities.

Inside the Financial Literacy Programme:

Six (6) Fundamental Topics Covered

The financial literacy programme will consist of the following content: Budgeting, Debt, Banking, Borrowing, Benefits, and Saving.

Seven (7) Training Sessions

The content will be covered in seven (7) training sessions taking place between November 5th and 19th. Sessions are from 7pm to 8pm UK time.

Three (3) Follow-Up Group Mentoring Sessions

After the sessions, there will be follow-up group mentoring sessions once a month for three months on the following dates: 10 December 2021, 7 January 2022, and 11 February 2022. Sessions are from 7pm to 8pm UK time.

By the End of the Programme…

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Understand the difference between essential spending and non-essential spending

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Know the importance of budgeting and the potential consequences of not having a budget

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Understand the concept of debt, reasons for getting into debt, how to avoid it, and steps needed to be taken in case one gets into debt

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Know the range of services offered by banks which will enable you to make informed choices on the most suitable account for you

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Know the different methods of borrowing

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Know the different benefits and potential consequences of benefit fraud

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Understand the importance of setting saving goals and effective ways of saving

Frequently Asked Questions (FAQ)

Is this aid only for revert sisters?

Yes. Solace is a registered charity specifically for revert sisters, and was founded due to the lack of support to this audience.

Why is it specific to revert sisters from the BAME community?

This training program is being funded externally and the qualifications set by the funders is for beneficiaries to belong to the BAME community as a way of aiding and giving back to ethnic minorities.

What happens after I apply?

After applying, your application will be reviewed by our support department. We have limited places for this programme, and you will be contacted if you have been selected. All other applicants will be placed on a waiting list for future programs.

Is there a deadline?

Applications close on 22 October 2021, at 11:59pm UK time.

How To Apply

We have a limited number of places for this training program. You will be contacted if you have been selected. All other applicants will be placed on a waiting list for future programs.

The training program will start in November. If you are interested in applying for a spot, fill in the application form below. All fields marked with (*) are required.

Applications closed on 22nd October 2021.

Deadline for Applications

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