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'Do One Thing' this Talk Money Week

Published on 31 October 2024 11:40 AM

What is Talk Money Week?

Talk Money Week (4-8 November) inspires people to take one action, however small, that improves their financial wellbeing and tell others about it. The week is led by the Money and Pensions Service and supported by hundreds of organisations. Money and Pensions Service says “it’s time to talk specifics” and help everyone improve their financial wellbeing.

How is Age UK Norfolk getting involved?

We're asking people to ‘do one thing’ to improve their financial wellbeing as part of the Money and Pensions Service’s Talk Money Week. Held from 4-8 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, we're 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 exploring the MoneyHelper website. Whichever option people choose, we're also asking them to talk to others about what they did and why, in the hope of inspiring them to join in too.

There will also be activity across the UK to get more people talking about money and engaging with topics like using credit, saving regularly, planning for retirement, dealing with debt, and teaching children about financial decisions.

How does Talk Money Week help?

In 2023, Talk Money Week was supported by organisations including major banks, various government departments, NHS Trusts across the UK, and charities including Citizens Advice and Money and Mental Health. Taking control of money, talking openly about it and sharing the burden that worries can cause often has a huge impact on our health and relationships. It also helps someone to make better, more informed decisions.

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

There are a range of ways we can help you improve your financial wellbeing including:

Money Matters

One to one support from a dedicated volunteer to assist and empower over 65s to remain independent when handling the day-to-day management of household finances and paperwork. See more our Money Matters page for more information. 

Lasting Power of Attorney

Our trained team covers the whole of Norfolk for anyone over the age of 50. We can discuss Lasting Power of Attorney over the phone, offering information and advice on the topic. We can also assist you to complete forms (via home visit) and with the registration process. See our Lasting Power of Attorney page for more information. 

Benefits and Money

Our Welfare Benefits service operates for over 50's in all district councils of Norfolk (except Norwich). We are able to provide Information and Advice on benefit entitlement and how to claim. We offer benefits checks via telephone and a form completion service for some benefits. See our Benefits and Money page for more information.

 

For more information about these and all our other services please visit our services page