What is the money management service?

 Money Management is a new service offered exclusively to participants of the JETS programme in Greater Manchester. Once you’ve signed up to JETS you are entitled to receive free information and guidance from a dedicated team of advisors with over 65 years’ combined financial experience. They will invite you to either group workshops or 1:1 sessions where the support you receive will be tailored to your needs.

Who can benefit
from the service?

If you’re struggling to pay your bills or to save for the future, then you are likely to benefit from signing up for this support. Since its launch in early 2021, over 170 people have already used the service to help solve their financial needs. 

Get free advice and support to help you budget, manage your money and
deal with debt problems. Sometimes just being aware of practical tips on
managing your money can help you feel more in control. Helping to improve
peoples lives by providing free information and guidance on everyday
money matters so you can make informed choices.

The advice service areas will cover:
  • Budgeting and money management.
  • Borrowing and debt management. 
  • Protecting and insuring the individual and family.
  • Saving and investing.
  • Bank Accounts.
  • Pensions.
  • Taxation.
  • Social security and Universal Credit.
  • Over 50’s support.
  • Single Parents.

Our Aims:
  • Provide information, guidance and help participants to learn to manage a household budget, how credit and debit cards work, debt management, opening a bank account, etc.
  • Better off In Work Benefit calculations.
  • Group sessions engagement on core areas above.
  • Individual sessions: Tailored confidential information to particpiant.
  • Providing participant modules for money management by using tools and calculators as part of the provision to support with financial wellbeing and life event.
  • Provide participant with support and preparatory work needed to deal with debt management.
  • Support participants to make an informed choice for next step for referral to free regulated debt advice for serious debt issues. 


"Thank you Ian for your time and experience this morning will give this a try, I found this morning a good morale boost."

Christine R - Participant
Our team offers a core workshop with tailored advice to all participants. 

Reason’s for completing a budget plan

An accurate plan will help you to focus your mind around what you
currently spend your money on and where you can make savings.
  • It will let you see where you can make savings around irregular spending.
  • It will highlight fixed expenditures.
  • Where you may be able to make savings by switching e.g. utilities, mobile phone contracts.
  • Gives you all the information you need to hold discussions with your creditors in order to put repayment plans in place :- rehabilitation plans, holidays, recovery plans.
  • A constructive plan will give you freedom. It will help you decide what is important to you.


Good & Bad Debts

Good debts are really investments. When you buy a house, you are purchasing shelter and gaining an asset that will likely grow in value. Paying down a home loan might take decades, but as the equity grows and the value of the house increases, a house can easily become your most valuable investment. 

Other purchases do little financially but drain money. Holidays, fine dining and expensive cars might boost your ego but do nothing for your net worth. If you start to go into debt to get them, they can lead to financial despair.

It’s important to learn the difference between good and bad debts. You need to learn how to save money for big purchases, emergencies and, ultimately, retirement. It is important to know that taking on frivolous debts can undermine your life goals.

What does the core service cover?

Through 60-90 minute long group workshops (1:1 sessions can be requested), you will learn more about:

  • Constructive budgeting: why you should budget and how to create your own budget plan.
  • Borrowing and debt management: what’s involved in borrowing money and what to do if things go wrong.
  • Better off in work calculations: the potential impact finding employment can have on your Universal Credit.

Additional and more specific workshops are available for:

Personalised 45-60 minute bitesize workshops include:

  • Bank accounts: the different types of accounts and how to apply.
  • Savings and investments: why and how to save or invest your money.
  • Protection: the different types of financial protection and how to get it.
  • Pensions: the main types of pensions and recent changes to them.

"Thank you for taking the time to find out
this information for me."

Gordon E - Participant

How do I sign up?

You must be a participant of the JETS programme to be able to take part in the money management service workshops. If you aren’t, find out more about the job seeker support available from Job Entry Targeted Support service in Greater Manchester or speak to your Jobcentre Plus work coach for more details. If you are a current participant, contact your JETS advisor and ask to be referred to the money management service.

The money management service is currently only available
to Greater Manchester JETS participants.
Ingeus delivers the Job Entry Targeted Support (JETS) programme on behalf of the Greater Manchester Combined Authority. The Money Management service exclusively supports JETS participants.