Asda Money and StepChange provide financial advice to help manage money in the lead up to Christmas
Throughout Talk Money Week, Asda Money launched a series of webinars as part of a financial advice event in association with StepChange. The information provides support for those struggling to manage money, particularly in the run up to the Christmas period. The winter months can have a huge impact on people’s finances and caution around a new variant has people concerned about the financial difficulties they may face once again.
During Talk Money Week, Asda Money released a range of talks covering important money related topic with expert speakers on Asda’s YouTube channel. The topics provide relevant tips and advice on how to manage finances at work and home, advice on financial freedom and it’s connection to health, and explains the issue of economic abuse and how it impacts many people, significantly over the recent months and years – all of the five talks are available to watch back now.
What’s on the Lunch Money agenda?
Episode 1 – Money at home
How to talk to your loved ones about finances, and what is economic abuse?
Featuring: Andy Shaw, Debt Advice Policy Officer from StepChange and Jasbinder Kaur, Training Officer from Surviving Economic Abuse (SEA).
Episode 2 – The work-money balance
What employers can do to support employee financial wellbeing.
Featuring: Andy Shaw, Debt Advice Policy Officer from StepChange and Jenny Wright, Regional Manager from Money and Pension Service (MaPS).
Episode 3 – Back to school
Teaching children and young people about money.
Featuring: Andy Shaw, Debt Advice Policy Officer from StepChange and Jenny Wright, Regional Manager from Money and Pension Service (MaPS).
Episode 4 – Health, wellbeing & financial freedom
The connection between money and health.
Featuring: Andy Shaw, Debt Advice Policy Officer from StepChange and Rhiannon Long, Senior Editorial Officer from Mind.
Episode 5 – Managing household finances
Staying on top of household bills and understanding money pitfalls.
Featuring Andy Shaw, Debt Advice Policy Officer from StepChange.
Talk Money Week is an annual campaign, run by The Money and Pensions Service, to get the nation talking about money, this year the theme was ‘money secrets’, focusing on what money issues people are afraid to discuss. This can be very common when managing increased winter finances, and also wanting to join the festivities and treat loved ones over Christmas.
The Money and Pensions Service found in a recent study that 55 per cent of people don’t feel comfortable opening up to others when they have financial worries, despite 48 per cent admitting they have regularly worried about money recently. The worry of finances can become a burden for people wanting to budget during Christmas, which can be difficult if money is not managed correctly.
Katie Walley, Senior Director at Asda Money commented, “During Talk Money Week, Asda Money wanted to help break these taboo subjects, especially as we understand that many people, including some of our customers, will face financial difficulties this winter due to current economic events.”
“Our webinars provide real practical advice from experts on important topics, ranging from educating young people on money to managing household bills. We hope that through our Lunch Money webinars we can help encourage people to manage their finances and seek debt advice when they need it.”
Andy Shaw, Debt Advice Policy Officer at StepChange also commented “Whether it’s sharing budgeting tips with friends, or discussing household bills with someone your family, having a good relationship with your finances starts with being able to talk about them. Our clients often tell us they wish they’d got in contact with us sooner, which is why during this year’s Talk Money Week, we wanted to get the conversation around debt and finances started, so people feel more equipped to speak up and seek help when they need it. “