Recipients of the NCTJ’s Journalism Diversity Fund (JDF) were given an exclusive session on money management by the Financial Literacy and Inclusion Campaign (FLIC).
FLIC, which is supported by the FT, delivered the informative workshop at an introductory event for JDF recipients about to embark on their NCTJ-accredited courses yesterday.
The JDF awards bursaries to people from diverse backgrounds who need help funding the NCTJ’s Diploma in Journalism either as a standalone qualification or as part of a Master’s degree course.
It is supported by more than 20 organisations including the Google News Initiative, the BBC, BMJ, CNN, FT, Channel 4, Insider, ITV, Newsquest, Reach and Bloomberg.
Through more than 500 bursaries awarded since the fund was set up in 2005, more people have been able to access the NCTJ’s industry-standard journalism training, making newsrooms better reflect the communities they serve.
The group at the online event learned about everything personal finance, including budgeting, inflation and apps to aid with saving and money management.
Chantelle Clarke, head of content at FLIC who led the session, told the group: “It’s about being honest and open with yourself. You want to understand where your money is going and where you want it to go, where you need it to go.
“I can’t stress enough that all of this is about mitigating those anxiety moments. You don’t want to be caught up not going out, not looking after yourself, not socialising. That will take away from your creative mind, where you need it to be, and impact your mental health.”
The event was also a chance for the new students to meet other JDF recipients and the NCTJ team, and find out about the NCTJ’s upcoming events calendar.
Nikki Akinola, senior diversity and inclusion co-ordinator, said: “This was a fantastic onboarding event talking to and meeting all the new bursary recipients for this academic year.
“I really loved the chance to share all the exciting opportunities that this wonderful scheme has available and the vital relationship the fund has with each individual recipient.
“Having the added guidance of FT FLIC join the session really added that extra support to all the candidates. Embarking on a new career can have its challenges and the fear of the unknown, however with the tools and support there is no doubt every one of the recipients is going to make excellent journalists and we wish all the very best as they embark on their studies.”
Find out more about FLIC and its work, here.
The next application deadline for JDF funding is on November 1. Find out more about the scheme and how to apply here.