Talk Money Week 2021

South Lakes Housing (SLH) is taking part in Talk Money Week, which is an annual awareness campaign run by the Money and Pensions Service to encourage everyone to open up about their money and pensions.

Held from Monday 8th to Friday 12th November, Talk Money Week aims to reduce the stigma around money by encouraging conversations among families, friends, neighbours, customers, colleagues and communities.

The week is designed to increase peoples sense of financial wellbeing by encouraging them to open up about personal finance from pocket money to pensions. Its an opportunity for everyone to get involved with events and activities across the UK which help people have more open conversations about money.

Chris Parks, Income & Financial Inclusion Team Leader at SLH said Talk Money Week provides a key opportunity for the nation to break the taboo of discussing money and finances. There are lots of people who dont want to talk about their finances which is understandable as many view their financial situation as a personal subject. However, talking to the right people about money and pensions is not the same as talking to just anyone. If you feel uncomfortable talking to someone you know, weve got a great Income Team here at SLH who are at the end of the phone and can help you to find solutions and support.

Everyone has money worries and for many, the challenges of the pandemic have brought these to the fore  but just as you can take action to improve your physical health, you can also take some simple steps to feel more in control of your financial wellbeing too.

Research shows that people who talk about money:

  • make better and less risky financial decisions
  • have stronger personal relationships
  • help their children form good money habits for life
  • feel less stressed or anxious and more in control

Building money conversations into our everyday lives also helps us build financial confidence and resilience to face income shocks, life events and whatever the future throws at us.

For more information visit the Talk Money Week website.

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