Christians Against Poverty (CAP) has launched a new service, CAP Life Skills. This complements its current debt management work by helping build financial capability through a holistic eight-week course run as a weekly community group meeting.
Statistics show that 57% of British people do not track their spending, only 41% of the population are saving and 65% of CAP clients report that lack of budgeting was a cause of debt. To add to this, cost is often cited as one of the top reasons preventing adults from living a healthier lifestyle and 42% of people suggest they would eat more healthily if they had more money. CAP Life Skills looks at the wider issues surrounding money management to empower and support members to live financially healthy lives through developing the confidence and decision-making skills they need to survive on a low income.