Edward calls for focus on financial education and support, following visit to Melton and District Money Advice Centre
Edward has called for a greater focus on financial education and support following a visit to the Melton and District Money Advice Centre (MADMAC), based in the centre of Melton Mowbray. The much-valued local charity, set up in 2015 by Amanda Heath, who runs the charity as its Chief Executive, has seen demand for its debt advice service and financial education in schools grow significantly in recent years, with over 1,700 local people helped to manage debts and financial challenges. Amanda, and MADMAC charity trustee David Chubb, demonstrated to Edward their free online budget planner, which helps people see a breakdown of what they spend their money on, and help people to manage their money better, and talked through the growth of the charity, and the increased demand for its services following global cost of living pressures.
Edward said: “It was fantastic to meet Amanda and the team at MADMAC, not only to hear about the amazing work they do day in, day out, but to discuss with her the importance of access to free debt advice, and financial education in schools to help people avoid getting into debt.
People locally who get into debt or are struggling to make ends meet are not alone as the free advice, budget planning, and caring support from MADMAC is there for them. But MADMAC is a charity and relies on the generosity of local businesses and local people to support its work – it is a hugely worthwhile cause for the generous support people give it, and of course, the more donations it receives, the more people it can help.
As well as thanking MADMAC for all they do for our community, and for welcoming me to their office, I am also calling for a greater focus at all levels on the provision of financial education, and access to advice and support for those who need it.”
