Boost Community is excited to be holding a Community Open Day in partnership with the University of Bristol at the Ducie Road site of Wellspring Settlement on Tuesday 25 October, 11am-2pm. During the day, community researchers will share and discuss findings from a recent community research project with residents. In addition, a range of Wellspring Settlement and community organisations will offer advice, information and activities aimed at helping residents build financial resilience. There will be childcare and children's activities along with snacks, hot drinks, and a community lunch. It is a chance for conversations, community cohesion and for sharing ideas and tools on how to navigate the current financial crisis.
Even before the current period of high inflation, 43% of UK families in the lowest wealth decile said they would run out of money within one week if they lost their main source of income. With the crisis expected to worsen, the question of how to help low-income households build up financial resilience to better buffer and adapt to financial and economic shocks has become even more urgent.
From April to July 2022, four community researchers from Lawrence Hill led in-depth interviews with 16 residents, and held 11 workshops with different stakeholders. Their aim was to understand the financial lives of low-income households in their community, explore barriers and enablers to financial resilience, and develop solutions.
Residents of Barton Hill in East Bristol