How to set-up a Talk Money Week event for your team
Money is now the number one source of stress and poor mental health in the UK, according to figures from CIPHR (2021), and it has only been amplified by the Covid-19 crisis. But despite the fact that everyone has money worries, UK employees still rarely talk about it. 2020 research from MaPS found that nine in 10 UK adults – that’s 47 million people – say the pandemic hasn’t made it easier to have money conversations, or don’t even discuss it at all.
Talk Money Week is focused on increasing our sense of financial wellbeing by encouraging us all to open up about personal finance.
The MaPS’ research also shows that when we start to talk about money, we start to feel better about money and even build better money habits. We make better, less risky financial decisions, we strengthen our relationships, we feel less stressed and we pass on good habits to others like family members.
Employers have started to play a more meaningful role in encouraging employees to open up about money. But it’s not always easy to know where to start.
This year, we have developed a free toolkit that makes it easy for people leaders to start money conversations in their own businesses. The toolkit is filled with pre-written emails, posters, videos and “drag and drop” content that allows you to quickly set-up a Talk Money event for your team. You can download the full toolkit here.
This article is provided by Octopus MoneyCoach.
Supplied by REBA Associate Member, Octopus Money
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