Talk Money Week

Each November (MAPs) Money and Pension Service encourage everyone to come together for Talk Money Week. Their aim is to help everyone start the conversation, about anything from pocket money to pensions. 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. 

Statistics show that: 

• 70% of children aged 7 to 17 receive regular pocket money, yet just over half of parents/ carers say they feel confident talking to their children about money 

• 64% of Buy Now Pay Later users are under 40 years of age  

• 52% of children buy things online without parental supervision at least some of the time  

• 91% of people who are struggling with their mental health avoid talking about money often through embarrassment, guilt or shame.  Those who have experienced a mental health problem in the last three years are four times more likely to be behind on priority bills. 

Broadacres Money Advice Team offer free, confidential, impartial and independent advice to our customers and that includes our colleagues. 

We can assist you with: 

• managing and sticking to a budget 

• checking your entitlement to benefits and where appropriate assisting you with making a claim. 

• helping you to deal with priority debts such as rent, utilities and council tax 

You can contact the Money Advice Team at [email protected], via our website, via the app or via the Contact Centre 01609767900.