WARRINGTON HOUSING ASSOCIATION URGES PEOPLE TO OPEN UP ABOUT PERSONAL FINANCES IN SUPPORT OF TALK MONEY WEEK 2022
Talk Money Week (7-11 November) encourages people to have more open conversations about their money and pensions. Talking about money is more important than ever as people grapple with cost of living pressures.
Warrington Housing Association has announced it is taking part in Talk Money Week, an annual awareness campaign coordinated by the Money and Pensions Service to encourage everyone to open up about their money and pensions.
Held from 7 to 11 November, Talk Money Week aims to reduce the stigma around money by encouraging conversations among families, friends, neighbours, customers, colleagues and communities. Talking openly about money can have a huge impact on tackling money worries and is important for our overall health and relationships. The impact of the Covid-19 pandemic and pressures due to the rising cost of living has made it more important than ever to start conversations about money to look after our financial wellbeing.
Talk Money Week is also an annual opportunity to celebrate the work organisations are doing to support the long-term UK Strategy for Financial Wellbeing, launched by the Money and Pensions Service (MaPS) in 2020 with support from stakeholders across the UK, which has ambitious ten-year goals to help everyone make the most of their money and pensions.
Throughout the week there will be activity in the UK to get more people talking about personal finance issues, and engaging with topics such as managing credit, saving regularly, planning for retirement, dealing with debt, and teaching children and young people about managing money.
Caroline Siarkiewicz, Chief Executive at the Money and Pensions Service says:
“As we cope with the after-effects of the Covid-19 pandemic and face pressures from the rising cost of living, financial wellbeing should be at the heart of national conversation: a financially healthy nation is good for individuals, communities, business, and the economy. Talk Money Week provides a key opportunity for the nation to break the taboo of discussing money and finances. We are pleased to see so many organisations encouraging conversations about money – from pocket money to pensions – to help people across the country make better informed decisions about their finances.”
For more information on Talk Money Week visit www.maps.org.uk/talk-money-week/