Youth money management activity

Young people are required to co-operate with their service provider or Work and Income "in-house" service in managing the spending of their Young Parent Payment and provide information as required.

The young person must

• attend and participate in regular one-on-one discussions on budgeting

and provide information on:

• their accommodation costs (for example rent, board) and service costs (for example power, phone)
• any other lawful debts and liabilities (for example court fines, Work and Income debts, Child Support payments, hire purchase)
• how they spend their in-hand allowance and
• how they spend any money allocated to their payment card

For more information see:

• Payment Youth money management

Young people will not be subject to youth money management and will have their full payment paid directly to their bank account when they have:

• been assessed as being financially competent or
• turned 20 years old and have chosen to stay on Young Parent Payment and continue their course of study

For more information see:

• Payment Youth money management
• Payment Assessed as financially competent
• Qualifications Young person turns 20 years old