Federation backs Talk Money Week


PUBLISHED 09 Nov 2020

IN News

Members are being encouraged to talk about their money worries for the good of their mental health.

The advice comes from the Police Federation at the start of Talk Money Week, a campaign by the Money and Pensions Service (MaPS) to improve financial wellbeing by encouraging people to open up about their finances.

Liz Groom, chair of Cambridgeshire Police Federation, said: “These are difficult times. The pandemic has put a strain on much of our lives, including our finances. And worrying about money can negatively impact your mental health.

“Talking about your finances can give you confidence to get help and advice on any money issues you may have. It’s important to talk about your finances and money issues before your situation gets worse.”

MaPS is sponsored by the Department for Work and Pensions and brings together three financial guidance bodies: the Money Advice Service, The Pensions Advisory Service and Pension Wise.

To mark Talk Money Week, Police Mutual has produced a factsheet with tips on how to improve your financial wellbeing, budgeting for Christmas and where to look for help.

Download the guide now.