Money Week 2012

Money Week took place at Elmwood College recently, a range of fun activities, competitions and information events were held to assist students and staff to manage their money.

The event included a computer game swap, clothes and handbag swap and a taste session, where students and staff had to guess which food was a branded or budget product. 

The ‘Guess the Difference in Price’ shopping basket challenge attracted the largest number of entries on the day. The difference between the two baskets was a staggering £13.83 with branded goods costing £29.97 and their nearest equivalents from a value range at Tesco costing £16.14.  First prize of the basket of branded goods went to Gamekeeper student, Keith MacMillan and 2nd prize of the basket of ‘value’ goods went to Hospitality student, Iain Drummond.

Martin Luti, Hospitality lecturer demonstrated a ready steady cook-off to students living in the College Residence.  His challenge was to feed four students with a budget of £10.  He completed this successfully by spending £8 and cooked a delicious Thai green chicken curry with pineapple and rice.

Martin commented, “Students don’t realise that it is cheaper to buy fresh foods, which are healthier for you, rather than spending more money on fast foods.

The Citizens Advice Money Advice Team were also on hand to talk to students about everything from budgeting to advising how to avoid debt. The College’s Garden Gallery Café provided morning coffee and a range of delicious lunchtime options.

Elmwood Student Advisor, Jo McCulloch, said, “We have been promoting a Money Week at Elmwood College for the last three years because we recognise that students and staff need good advice and support in these difficult financial times. We promoted ways of saving money and making money by holding a number of events around the college and inviting external agencies in to provide information and advice, as well as highlighting the support available in college. Citizens Advice Money Advice Team, Young Scott and Fife Council were among the agencies that came along to the Money Fair."


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