Talk Money Week is well underway, and we hope everyone is opening up and discussing finances in a healthier manner.
Every year, Talk Money Week focuses on a different theme, and for 2023, the main focus is “Do one thing”.
What is Talk Money Week?
Talk Money Week is a week dedicated to encouraging conversations around money in the UK.
Despite the ever-increasing cost of living, most people in the UK will avoid discussing finances and money with family and friends, so Talk Money Week’s aim is to remove the stigma and negative connotations around talking about money.
According to Money & Pension Service (MAPS), research shows that people who discuss money more often and openly make better and less risky financial decisions and experience less stress and anxiety around finances.
Talking about money has also been shown to help build stronger personal relationships and help children form good habits around money from an early age.
Do one thing
This year’s Talk Money Week focus is “Do one thing” to improve your financial well-being – it could be something that you’ve been putting off for a while or just something small like talking to your children about money to help them feel more comfortable discussing it in the future.
We have lots of great resources if you’re looking to do one thing to improve your finances – for example, if you haven’t already created one, you can use our template monthly budget planner to create your monthly budget and work out if there are any areas that you could save money on.
Alternatively, if you’re looking to maximise your money, our BudgetSmart tool has hundreds of tips which can help you increase your income and reduce your spending.
Speak to PayPlan
If you’re living with debt, Talk Money Week is the perfect time to get in touch with us and take steps towards becoming debt-free. We offer free, award-winning advice to help you find the right solution for your situation and become debt-free.
To get in touch, call us on 0800 072 1206. We’re open from 8am – 8pm Monday to Friday, and 9am – 3pm on Saturdays. Alternatively, you can visit our advice page to speak to us via live chat or for more information.