Hastoe Housing urges people to open up about personal finances in support of Talk Money Week 2021

Hastoe Housing Association has announced it is taking part in Talk Money Week, an annual awareness campaign coordinated by the Money and Pensions Service to encourage everyone to open up about their money and pensions.

Held from 8 to 12 November, Talk Money Week aims to reduce the stigma around money by encouraging conversations among families, friends, neighbours, customers, colleagues and communities. Talking openly about money can have a huge impact on tackling money worries, and is important for our overall health and relationships. The impact of Covid-19 has made it more important than ever to start conversations about money to look after our financial wellbeing.

Talk Money Week is also an annual opportunity to celebrate the work organisations like Hastoe are doing to support the long-term UK Strategy for Financial Wellbeing, launched by the Money and Pensions Service (MaPS) in 2020 with support from stakeholders across the UK, which has ambitious ten-year goals to help everyone make the most of their money and pensions.

Throughout the week there will be activity across the UK to get more people talking about personal finance issues, and engaging with topics such as saving regularly, planning for retirement, dealing with debt, and teaching children and young people about managing money.

As part of the week, Hastoe will be running a Q and A session with its Benefit and Welfare Advisors which will be broadcast during Talk Money week. There will also be various case studies and conversation starters to raise awareness around money and that there's nothing shameful about asking for help.

Mark Adkins, Benefits and Welfare Advisor at Hastoe, commented:

 “There are many ways we can help support our residents through our welfare service. We’ve seen many residents face the backlash of Covid-19 and we want residents to know we are here to help. From offering advice and signposting, to helping to budget, applying for benefits and looking at ways to help you save money, we will do what we can to support..”

Caroline Siarkiewicz, Chief Executive at the Money and Pensions Service, says:

 “As we continue to respond to the challenges of the Covid-19 pandemic, financial wellbeing remains key to the UK’s recovery: a financially healthy nation is good for individuals, communities, business, and the economy. Talk Money Week provides a key opportunity for the nation to break the taboo of discussing money and finances. We are pleased to see so many organisations encouraging conversations about money - from pocket money to pensions - to help people across the country make better informed and more positive decisions about their finances.”

Visit our money advice page for more information.

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