The big political event that everyone’s been talking about recently is, of course, the Budget, but at the same time that there’s been much chatter about the public’s finances, it’s clear that many people struggle to dedicate time and attention to thinking about their own.
That’s why the Money and Pensions Service, who I met in Parliament, organises ‘Talk Money Week’.
Their aim, during this week in particular, is to support everyone in discussing their finances, to help them plan for the future, get advice when needed, and boost their financial wellbeing.
This is so important, whatever your stage of life, as there’s always something we can all do to better manage our money.
Something they encouraged throughout the week was for everyone to ‘Do One Thing’ to boost their financial wellbeing.
They asked anyone who met them in Parliament to share this on a whiteboard, and there were some great ideas about little things we can all do to feel more on top of our finances.
Whether it’s cancelling a subscription you don’t use, finding a cheaper utility provider, checking your pension beneficiaries or writing a will, there are so many things that are easy to put off, but when done, can give you a great sense of control over your day-to-day finances.
The Money and Pensions Service also recognises how difficult discussing and managing money can be, especially when so many people are struggling with living costs.
That’s why they also have a range of resources with advice on all things financial, whether that’s pensions, savings, benefits or many other topics.
You can read more on their website (moneyhelper.org.uk) or speak to them on the phone (08001 387777).
Whilst the headlines are dominated with talk of the public’s finances, Talk Money week is a really important reminder that taking a bit of time to think about our finances can help us all improve our financial security day-to-day, prepare for the unexpected, and be on track for a healthier financial future.
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