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A ROSY method of saving your hard earned.

THINGS are looking ROSY for Trident Social Investment Group residents.

ROSY - an acronym for Rewards, Online, Savings for You - enables residents to save money whilst managing their finances effectively.

It has been launched by the Birmingham group in readiness for Universal Credit.

Residents signing up for the scheme are able to access an online e-account and debit card. The account enables residents to manage their money effectively by setting aside money into 'jam jars' - for example, for their rent or household bills. Trident Social Investment Group is rolling out free wi-fi in its urban village in Birmingham and free internet access from any of its community-based offices across the Midlands.

Residents are also able to access a range of savings and discount vouchers from stores such as Morrisons, Asda, B&Q and Homebase.

Trident provides homes to 6,000 people across the Midlands, many of whom are the most vulnerable.

Abigail Robson, chair of housing, said: 'For our residents living on a low income, it is much more difficult to budget monthly rather than weekly.

"These residents, many of whom have young families, are at a much greater risk of running out of money for several days at the end of the month, rather than a day at the end of the week.

"Any support we can offer to residents make the transition to Universal Credit will contribute towards sustaining their tenancies and helping them to manage their money effectively.' Trident resident David Jones said: "There are lots of rewards for joining ROSY and I am going to be able to manage my money without worrying and qualify for discounts."

CAPTION(S):

David Jones signs up to the ROSY scheme using a Trident iPad
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Publication:Birmingham Mail (England)
Date:Jun 16, 2014
Words:284
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