Money Advice Scotland will share tips on how to better manage and have conversations around finances during Talk Money Week
It’s good to talk - and a Scots charity will be sharing a wealth of resources to help people start conversations that can improve their financial wellbeing.
Money Advice Scotland will share tips on how to better manage and have conversations around finances during Talk Money Week (November 3-7).
From speaking to loved ones about wills to phoning a creditor to discuss managing debt repayments, the charity’s videos, webinars and blogs will provide practical tips on how to get these important chats started.
Janine Rennie, chief executive of Money Advice Scotland, said: “At Money Advice Scotland we know how difficult it can be to start conversations around money, so we have prepared lots of useful information that can help people take the first steps to financial wellbeing. That may be discussing our ‘money ready workbook for high school students’ with your teenager or contacting a free, impartial money adviser by using our ‘Find an Adviser’ interactive map.
“We have lots of information available, in various formats and in clear understandable language, to help people start conversations that could benefit them.”
Each day throughout Talk Money Week, Money Advice Scotland will be posting a blog on a different topic relating to money matters, with links to resources that can help. The blogs will encourage people to initiate conversations with debt advisers, young people, loved ones, creditors and someone they trust, if they are worried their finances have been taken out of their control by someone in their life.
Rennie continued: “As a society we really need to be having more conversations about money. As we get older, we need to speak to our loved ones about where to access our financial and legal documents when we pass away and we need to talk to children and young people about money to prepare them for managing their finances in adulthood.
“Unfortunately, increasing numbers of us are experiencing financial hardship, debt, poverty or economic abuse and the earlier we speak to creditors, debt advisers or organisations who provide victim support, the better the outcome for our financial, physical and mental health.
“As the country’s money charity, it is our mission to be the driving force towards financial wellbeing for the people of Scotland. We believe that people experiencing financial challenge deserve to receive support without fear and judgement and the more we talk about money in society, the more people will access the help they need. I hope that by sharing these useful resources during Talk Money Week, we can start life changing, and sometimes lifesaving, conversations.”
