Recent user numbers for the messaging app Snapchat currently sit at approximately 800 million and figures from data gathering company Statista indicate that roughly 20% of those users are under 18. That’s a lot of young people participating in this sprawling social media platform, many of whom are potentially unaware of the associated risks. 

That’s why we’re releasing this week’s guide – also available in podcast format for those who want to listen on the go. It can be tricky to know how to safeguard younger users on Snapchat but we aim to show you how, while also giving you in-depth knowledge of the online safety risks posed by this platform. 

Findings from the Money and Pensions Service have found that only 47% of children in the UK have received a meaningful financial education. Money management is a vital part of being an adult, and an exceptionally important skill that will benefit children for their entire lives. Having the knowledge and self-control to let savings build up interest – or avoid an impulse buy can ensure that children go into adulthood at a significantly lower risk of financial difficulty. With Black Friday and Cyber Monday sales fast approaching, now is a great time to help children understand the value of money.

Of course, it can feel daunting when attempting to teach young people about something as complicated as money and responsible budgeting but there are several options at your disposal. To break down these options, we’ve put together this guide in collaboration with financial education app GoHenry, helping you teach children and young people all they need to know about spending and saving.