Link: http://www.debtadvisoryhelpline.co.uk

A new Europe-backed money management scheme is starting up in the east of England.

Using £400,000 of regional development fund aid, the East of England Financial Capability and Inclusion Project will be led by Citizens Advice.

While much of the advice will focus on helping those who are unemployed to get back into work, the training will also help people with debt and money management matters.

An East of England Development Agency board member remarked: "Skills and attitudes towards money management are important in every aspect of people's lives, especially in these tough economic times."

Those who are in jobs but still have problems dealing with the amount of money they owe may wish to take out a debt consolidation loan.

Being in work does not prevent many people having money problems, the Child Poverty Action Group has said.

It noted this after a report last week by the Joseph Rowntree Foundation showed that 2.1 million children now live in poverty despite at least one of their parents working but still needing help in getting out of debt.