Resilience Services are programmes and activities that support individuals in building financial resilience.

The purpose of building resilience is to help individuals to better manage future financial shocks and reduce the need for crisis support.

A number of factors can contribute to or affect financial resilience, and the Resilience Services focus on addressing these underlying issues.

These can include:

• incomes, savings and debt
• housing insecurity
• physical disability, learning disability, mental health condition or wellbeing
• caring responsibilities
• financial literacy
• digital exclusion
• community support and social networks
• access to income smoothing tools, such as affordable credit and insurance

The Bexley Voluntary Services Council (BVSC) will coordinate the pathways into Resilience Services, using a social prescribing model.

The CRF will also be used to develop the Resilience Services pathways through the commissioning of services, and to build our knowledge of the community support landscape more broadly through creating capacity to:

• develop a community hub model (bringing together financial resilience with the other hubs in the borough, such as Family Hubs and Wellbeing Hubs, etc.)
• map the local support landscape against local need, identifying gaps/duplication in provision and understanding how individuals move between different elements so that funding can be effectively targeted