Talking about money can be difficult but with the cost of living increasing and the financial pressure of everyday life, money management has become an increasingly important issue.
Given increases in the cost of daily necessities, it’s no surprise that 19 million people in the UK feel worried when thinking about their financial situation. With the impact on people’s finances, helping to build people’s financial resilience, alongside physical and mental wellbeing, is crucial. |
Why should I talk about money?
Talking about money is crucial for financial wellbeing because open and honest discussions about personal finances can help individuals gain a better understanding of their financial situation, set realistic goals, and make informed decisions. It allows people to share experiences, seek advice, and learn from others, ultimately leading to improved financial literacy and the development of healthy financial habits.
Furthermore, discussing money can reduce the stigma and stress associated with financial issues, encouraging individuals to seek help when needed, and fostering a sense of financial empowerment that is essential for long-term financial security.
Financial talk can often be complicated and complex, so we want to make sure that people feel comfortable talking about money and reaching out for support when they need it. That’s why we’ve pulled together a variety of impartial resources that you can use to help manage your financial life on a daily basis.
Furthermore, discussing money can reduce the stigma and stress associated with financial issues, encouraging individuals to seek help when needed, and fostering a sense of financial empowerment that is essential for long-term financial security.
Financial talk can often be complicated and complex, so we want to make sure that people feel comfortable talking about money and reaching out for support when they need it. That’s why we’ve pulled together a variety of impartial resources that you can use to help manage your financial life on a daily basis.