What is Talk Money Week?
Running from 6 to 10 November 2023, Talk Money Week inspires people to act on improving their financial wellbeing no matter how big or small the action is.
Led by the Money and Pension Service, it aims to reduce stigma around money by encouraging conversations amongst people.
Talk Money Week is supported by hundreds of organisations every year, including major banks, various government departments, NHS Trusts across the UK and charities like Citizens Advice, and Money and Mental Health.
Why Talk Money?
The pressure of finances can have a significant impact on mental health and wellbeing, especially during the cost of living crisis.
Research shows that people who talk about money:
- make better and less risky financial decisions.
- have stronger personal relationships.
- help their children form good lifetime money habits.
- feel less stressed or anxious and more in control.
As part of Talk Money Week, themes are introduced to help encourage positive change regarding conversations about your money, and the impact on financial wellbeing.
‘Do One Thing’
The overarching theme of this year’s Talk Money Week is to ‘Do One Thing’. Encouraging stakeholders, partners, organisations and businesses all over the UK to encourage their own audiences to ‘Do One Thing’ that could help improve their financial wellbeing.
This could be as simple as checking the address on your pension, or talking to your children about money. The MoneyHelper website helps people to better understand finances and their pensions, including online tools and calculators for managing money.
If you need support with money, your mental health, or both, you might find the links below useful.