Managing my money for young adults
Managing my money for young adults

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This free course was written by Martin Upton.

This course has been generously funded by the Chartered Accountants’ Livery Company Charity to ensure that young people have access to personal finance learning that will enable and empower them to make the best possible financial decisions now and in the future. For more information about the charity go to Chartered Accountants’ Livery Company Charity website [Tip: hold Ctrl and click a link to open it in a new tab. (Hide tip)] .

The course team would also like to thank the staff and students of Denbigh School, Milton Keynes for their help in the production of this course

The course and teacher’s resource pack were created by leading academics at the True Potential Centre for the Public Understanding of Finance (True Potential PUFin), a dedicated research and teaching centre of excellence based at The Open University Business School, funded by True Potential LLP.  For more information go to True Potential PUFin.

Except for third party materials and otherwise stated (see terms and conditions), this content is made available under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 Licence.

The material acknowledged below is Proprietary and used under licence (not subject to Creative Commons Licence). Grateful acknowledgement is made to the following sources for permission to reproduce material in this free course:

Course image: © Eva-Katalin/

Session 1


Figure 3: National Savings and Investments logo:

Figure 4: © Sagamanis/Getty Images


Section 1 Talking points: (Denbigh School, Milton Keynes) © The Open University 2017 licenses/ by-nc-nd/ 3.0/

Section 12 Your first credit card: Martin Lewis of at Denbigh School © The Open University (2017) licenses/ by-nc-nd/ 3.0/

Session 2


Figure 1: © Wavebreak Media Ltd/123rf

Figure 2: from: money

Figure 3: photo © The Open University

Figure 4: © money

Figure 5: © michellegibson/

Session 3


Extract from: Office for National Statistics (ONS) (2010) Access Internet Survey in Callaghan, G., Fribbance, I. and Higginson, M. (eds) (2012) Personal Finance, 2nd edn, Basingstoke, Palgrave Macmillan.


Figure 1: Alamy

Figure 2: © Adam Fagen in Flickr licenses/ by-nc-sa/ 2.0/

Figure 4: drawing illustrating spoof website © The Open University 2017

Figure 5: compiled from


Section 1 Talking Points: (Denbigh School, Milton Keynes) © The Open University 2017 licenses/ by-nc-nd/ 3.0/

Section 5 Comparison websites – not the full story: Martin Lewis ( at Denbigh School Martin Lewis of at Denbigh School © The Open University (2017) licenses/ by-nc-nd/ 3.0/

Session 4


Figure 1: IzfIzf /123rf

Figure 2: © Monkeybusinessimages/Getty Images

Figure 3: adapted from © Monkeybusinessimages/Getty Images

Figure 4: image from 2016/ 08/ 05/ government-announces-social-work-bursary-allocations/

Figure 7: © Marcos Mesa/Sam Wordley/

Figure 8: Image: © The Open University; Ten pound note (c) Bank of England


6 Student loans – accumulating and repaying the debt : Martin Lewis ( at Denbigh School © The Open University (2017) licenses/ by-nc-nd/ 3.0/

15 Session round-up: Martin Lewis ( at Denbigh School © The Open University (2017) licenses/ by-nc-nd/ 3.0/

Session 5


Figure 1: © Cheeky Chops/Getty Images (adapted)

Figure 2: © De-Ge/Getty Images

Figure 3: ©Viktor Gmyria/123RF

Figure 4 © MartinPrescott/Getty Images

Figure 5: © Andrey Popov/Getty Images

Figure 6: © Sturti/Getty Images

Figure 7: © Andriy Popov/123rf

Session 6


Figure 5: © Reuters/CORBIS

Figure 6: © photo: Sturti/Getty Images


Section 6 The role of the Bank of England: (Andy Haldane) © The Open University

Section 8 Who are the lenders: (Jonquil Lowe) © The Open University

Section 10 Danger! Payday lenders (Hugh Strickland) © The Open University

Session 7


Figure 1: Sonos: en-gb/ home

Figure 2: © Sagamanis/Getty Images

Figure 3: left to right: ©annebaek/iStockphoto; avid-creative/; © Globalstock/; ©szefei/

Figure 4: © Monika Wisniewska |

Figure 7: © CEFutcher/


2 Credit rating agencies and you: Martin Lewis ( at Denbigh School, Milton Keynes © The Open University licenses/ by-nc-nd/ 3.0/

Session 8


Figure 1: ©

Figure 3: ©

Figure 4: © John Lund/Drew Kelly/Getty Images

Figure 5: Royal Mail stamp: David Lloyd George © photograph catwalker/Shutterstock

Figure 6: © Brasil 2/

Figure 7: ©

Every effort has been made to contact copyright owners. If any have been inadvertently overlooked, the publishers will be pleased to make the necessary arrangements at the first opportunity.

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