Powys is supporting Talk Money Week 2023

2 November 2023

A campaign encouraging people to talk about money is being supported by Powys County Council.

Taking place from 6-10 November, Talk Money Week aims to reduce the stigma around money by encouraging conversations among everyone, from families and friends to colleagues and communities.

As part of this year's theme, the council is asking everyone to get involved and 'do one thing'. This could be something major, like creating an in-depth budget or looking closely at a pension, or something minor like talking to a child about pocket money or exploring the MoneyHelper website.

Residents are also encouraged to talk to others about what they did and why, in the hope of inspiring them to join in too.

Deputy Leader and Cabinet Member for a Fairer Powys, Cllr Matthew Dorrance, said: "It's great to be supporting Talk Money Week. Over the years, talking about money has become such a difficult task for some people and has created a stigma, therefore, it's so important that we support this day and encourage people to talk about their finances.

"In the current climate, with many people struggling financially, we all need as much help as we can get, so why not start by getting involved in Talk Money Week this year and support yourself as well as those around you."

Chief Executive at the Money and Pensions Service, Caroline Siarkiewicz, said: "Talk Money Week has grown every single year and we want to build on that success, so it's time to talk specifics. This is why we're asking and inspiring people to 'do one thing' and take another step towards improving their financial wellbeing, telling others about it as they go.

"Whether it's something small, like starting a conversation, or something major, like making an informed long-term decision, this is a chance for everyone to get involved and reap the benefits.

"We have the ideas and information you'll need on our website, along with the tools to help you get started, so I'd urge everyone to think about what works for them. By working together, we can help everyone make the most of their money and pensions."

Talk Money Week was launched in 2020 by the Money and Pensions Service.

Last year, Talk Money Week was supported by hundreds of organisations, including major banks, various government departments, NHS Trusts across the UK and charities like Citizens Advice and Money and Mental Health, with even more expected this time around.

Taking control of money, talking openly about it and sharing the burden that worries can cause often has a huge positive impact on our health and relationships. It also helps someone to make better, more informed decisions.

For more information on Talk Money Week, please visit www.maps.org.uk/talk-money-week/