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https://www.indeed.co.uk/salaries/gymnastics-coach-Salaries
"The way that I have found the light in my life is through the expressive arts because I know that I will be accepted for the way I am." ~ Me
"I'm going to get strong again and see you soon. " ~ Anonymous
"The way that I have found the light in my life is through the expressive arts because I know that I will be accepted for the way I am." ~ Me
"I'm going to get strong again and see you soon. " ~ Anonymous
A credit score is basically a score based on how much people trust you when they lend to you. Things like phone contracts, gas bills and loans all report if you pay on time or not. If you have a bad credit file, either people won't lend to you or they will, but charge a LOT extra (HIGHER APR!)
You can't borrow until 18 so not much you can do to build your score now! But when you get to 16, you can technically ask to be put on your parents bills as a named person which can help your score. However if your parents miss payments, your file will also be hurt so that's an individual choice.
Once you're old enough to vote, make sure you register! It helps your credit score (cos they know where you live!!) and can be the difference between getting a phone contract or not!
Long story short, you got 3/4 years until its a thing for you!
Imagine you saw someone random on the street and they asked to borrow your bag...you'd probably say no, right? You know NOTHING about them, you don't know if they'll return it...its a bad idea!
But what if someone who you TRUST tells you they always bring it back on time and they look after the stuff you borrow them...you can see how that recommendation from a trusted source might help!
That's a credit score - companies ask the credit score "bureaus" (people like Experian or Clear Score) - what your credit history is like and make a decision on whether they should lend or give you the financial product you want.
Things like your phone bill, bills for the house (but not rent weirdly!), loans and credit cards all count toward your credit file. Pay on time, and your file looks good! Pay late or miss payments, and everyone can see if they check your file.
Would you borrow to someone who missed their last 4 phone payments?
Or maybe you can see they've never missed a payment so you don't feel bad about borrowing them the cash.
Long story short - a credit file is your borrowing history, and the better it is, the better the borrowing options you will have later
We did a episode on our MyMoneycast on debt - check it out here if you're interested!
"The way that I have found the light in my life is through the expressive arts because I know that I will be accepted for the way I am." ~ Me
"I'm going to get strong again and see you soon. " ~ Anonymous
Also, you are very right that you would not want to borrow to someone who has missed their last 4 phone payments. That shows that they are unreliable and it has a negative impact on their credit score.
"The way that I have found the light in my life is through the expressive arts because I know that I will be accepted for the way I am." ~ Me
"I'm going to get strong again and see you soon. " ~ Anonymous
"The way that I have found the light in my life is through the expressive arts because I know that I will be accepted for the way I am." ~ Me
"I'm going to get strong again and see you soon. " ~ Anonymous
For example, my mate Mark is awesome, but a TERRIBLE judge of character...his recommendation means less than my mate Zoe (also his wife!) who is a GREAT judge of character.
You might not be able to persuade the company you can be trusted at all...in that case you'd "fail" the credit check.
So in our example, you just failed my credit application to you...
Thanks!
"The way that I have found the light in my life is through the expressive arts because I know that I will be accepted for the way I am." ~ Me
"I'm going to get strong again and see you soon. " ~ Anonymous
"The way that I have found the light in my life is through the expressive arts because I know that I will be accepted for the way I am." ~ Me
"I'm going to get strong again and see you soon. " ~ Anonymous
AND THAT'S CREDIT SCORES
"The way that I have found the light in my life is through the expressive arts because I know that I will be accepted for the way I am." ~ Me
"I'm going to get strong again and see you soon. " ~ Anonymous
"The way that I have found the light in my life is through the expressive arts because I know that I will be accepted for the way I am." ~ Me
"I'm going to get strong again and see you soon. " ~ Anonymous
Ok everyone, I'm going to call it a night! Thank you all so much for your questions and chat, it's been fun!
If you have any more questions, feel free to leave them here - I'll be back, 7pm to 9pm on Tuesday 16th June to answer any more questions you might have.
In the meantime, check out the new Money tab on The Mix - I've been helping with vids, articles and a range of tools you can use to help with your finances. https://www.themix.org.uk/money
If you're looking for more info, there's also our MyMoneycast - we broadcast live every Thursday at 4pm on Insta, Facebook, Twitter, Twitch and YouTube ALL AT THE SAME TIME.
We cover a different set of topics every week - yesterday was how technology is changing money and If you watch live, you have the chance to ask questions to me and a special guest on the topic at the end of each show!
If you want to check it out, you can find a playlist of all our old episodes at the bottom of this post!
See you all on Tuesday!
Nick
https://www.youtube.com/embed/videoseries?list=PL9AwSzGCvwL4GWGs1inim7sEcYFzA8EKM
This has never made sense to me.
It makes me feel guilty and I know that my parents don't want me to worry as I am only 14. My mum has a disability which limits the sort of jobs that she can do. I know that I need to be able to be money-wise for in the future? Is there any ways that you think would help with money worries like these?
"The way that I have found the light in my life is through the expressive arts because I know that I will be accepted for the way I am." ~ Me
"I'm going to get strong again and see you soon. " ~ Anonymous
"The way that I have found the light in my life is through the expressive arts because I know that I will be accepted for the way I am." ~ Me
"I'm going to get strong again and see you soon. " ~ Anonymous
Here at the mix we have a lot of students looking to apply to university. When looking at universities you often look at the course, halls, and finance at a minimum. I have been through this myself looked at 6 local universities in my area and when going to finances section I spoke with them about the csrers bursary, I was disappointed to see that 2 out of 6 offered this bursary to students. Looking more independent about this st the ucas site an link appeared about what carers are intitled to going to university. So what I would like to know is this carers bursary is it offered to all carers looking to go into university or is it specifically them universities? And if its specific university could why is this and could this be changed in anyway to open it up to so many more carers wanting to go to university but just scared due to the financial cost that comes with this?
That sounds like you've got a lot on at the moment! Worrying about money is a very common concern for many young carers, so you're definitely not alone. Lots of parents talk about money in the home and young carers can often pick up on the worries of those around them, even if you're not directly responsible for budgeting or family finances. So yes, it is very normal for young carers to worry about finances.
First, you could talk to a trusted adult about how guilty and worried you're feeling. If not one of your parents, maybe someone at school or another relative - though I know that this might be difficult in lockdown. It's possible that your parents aren't aware that you're feeling this way so, if you feel able to, talking to them might help you feel a little less worried.
Next, are you in touch with your local Carers Service? Carers Trust have a search engine of services that are part of our network, or a google search would do the trick. Carers Services offer a huge amount of tailored support and many offer finance sessions for adult and young carers, as well as peer support, activities and emotional support. They will likely be able to work with your whole family as well, so your parents might be able to find some support there when they need someone to talk to about their concerns. Citizen's Advice would also be able to work with your parents to ensure that they are getting the help they are entitled to.
You are also entitled to a young carers assessment from your local council, which a carers service can help you organise. It's not an assessment of how well you are doing as a young carer but a professional talking to you and your family to ensure that you're not taking on unreasonable amounts of care. They look at your situation at home but also take into consideration your education and plans for the future and will work out the best plan forward. Some young carers can feel anxious about this step but it's a good way to discover some support that you might not have been aware of before!
It's great that you're reaching out for help and thinking about the future already and this thread alone is full of some great resources for becoming more money-wise! I really hope that some of this is useful for you. I'll check in later in the week to see if you have any other questions!
Holly-Rae
I'll be here until 9PM tonight, so feel free to fire any questions you have my way
This definitely isn't a silly question!
The short version is that if you want to move, you'll need to settle your debt with the mortgage provider. Usually you'd do this by selling your old house and using that to repay the bank for the amount left on the loan.
You would hope that if you bought a house, it would go up in value. This means paying back the debt should be OK and leave you some left over. However, if the house price goes down, you will have a "shortfall" - and the bank will need you to pay up.
Most mortgage providers now allow you to "port" your mortgage to a new property - they technically pay off the old mortgage and give you a new one at the old rates, this differs by provider though.
And you should always ask if you're not sure! Especially when it comes to your money
Hope that makes sense!
If you'd like more info about the work we do at MyBnk, you can check us out on our website (www.mybnk.org) and if you'd like to get in contact with us, you can email info@mybnk.org
Thanks again!
Nick
PS - If you have more questions, why not join us live at 4pm on MyBnk's FB, YT, Insta and Twitter pages for our MyMoneycast!
First of all, it was great that you looked into what the universities were offering carers before you went. We encourage all young adult carers to do this, as there could be hidden bursaries or support that would make studying much more achievable.
There isn't currently a universally offered bursary for carers in England, it's entirely down to the individual college or university. However, there may be other grants that you qualify for, so it's always worth calling the university Widening Participation teams to find out what's available. The more people who enquire about it, the more they know that there's a demand for a specific bursary.
We know that cost is just one of the many factors that stops young adult carers achieving their full ambitions and we want to work with education providers to make getting a degree more accessible. Carers Trust are currently piloting a student Ambassador programme in colleges and universities across England. We hope to share that learning with universities across the country so they are more aware of the challenges that young adult carers face and start providing more targeted support. We are also working with UCAS on their new application platform, so young carers are made aware of the kinds of support they should be looking for when applying to uni.
I hope this answers your questions!
Holly-Rae