Talk Money Week
Every November, MoneyHelper encourages people to come together for Talk Money Week. The aim of the week is to help everyone start the conversation about anything from pocket money to pensions.
Talking about money can help you make better and less risky financial decisions, help your children form good money habits for life, and reduce your stress and anxiety around money.
Sadly, many people still consider these discussions to be taboo, and many people can find it difficult to open up about money worries. But the more people share, the less of a taboo it becomes. Our partner, My Money Matters, helps destigmatise these conversations by providing you with valuable resources to educate yourself about how to improve your financial wellbeing.
Have a specific concern? Why not book on to one of these educational webinars:
Money Management: Managing money can be tough, and we could all use a helping hand.
- Options for dealing with Debt – dealing with debt is stressful, but there is help out there. This webinar will take a look at the support that is available for people struggling with debt and offer strategies that could help you deal with it.
- Credit score explained – have you heard about how your credit score can help you get a better interest rate or tackle online fraud? Want to find out more? Join this webinar to understand the importance of knowing your credit score and how you can use it to your advantage.
- An introduction to Snoop – understand how Snoop can help you with your financial planning needs. Drop in on this webinar to find out more about this money management app.
Mortgage Advice: Getting a mortgage is likely to be one of the biggest financial decisions you’ll ever make, and it’s important you make a choice that suits your circumstances*.
- My Mortgage Matters: The Full Journey – Thinking about getting on the property ladder but not sure how it all works, or the costs involved? This webinar will explore deposits, fees, and even first-time buyer discounts. The webinar will also discuss the different mortgages available in the UK, explain the differences between them, and look at shared ownership and offset mortgages.
Estate Planning: Everyone should have a professionally written Will in place to give you peace of mind should the worst happen.
- A guide to wills – wondering what happens if you or a loved one dies without a will? The answer is that things can get messy. This webinar explains what happens and demonstrates the importance of having an up to date will. Don’t leave it to chance!
- A guide to inheritance tax – In this webinar, My Money Matters explores how inheritance tax can impact the value of your estate or the estate you are due to inherit and look at proven strategies and actions that can reduce or negate the impact.
Savings and Investments: Want to start investing but not sure where to start? My Money Matters offers practical, easy-to-understand education to help get you started†.
- A guide to savings and investments – learn more about different terms used in the savings and investment world, as well as how you could get started.
- Understanding ISAs – this webinar explores and explains how individual savings accounts (ISAs) can save on most forms of tax. The differences between the four versions of ISAs and their thresholds are also discussed.
Retirement: Paying just a little into your retirement pot now can make a big difference to your future.
- The 5 year countdown – Wondering what your retirement lifestyle is going to be like, or how you can make it better? This webinar discusses how much money you might need to have holidays, meals out, and generally make the most of retirement. It looks at where you are today and what you can do tomorrow to improve your retirement years. It’s never too late to start planning!
- It’s time to avoid retirement regret – If retirement is on the horizon, this webinar aimed at those aged 50 and over will help you make some important decisions during a key decade of your life. Find out why Shared Cost AVCs are a fantastic opportunity and how it is never too late to improve your retirement plans.
- How to retire early and with more money – whether you’re looking to retire early or looking to save more for retirement, this webinar will highlight the opportunity you have as a member of the LGPS. Learn everything you need to know about the Shared Cost AVC arrangement available to you.
- Understanding the LGPS – pensions can be confusing; this webinar breaks down how the Local Government Pension Scheme works and gives examples to help you understand it better. The importance of planning is discussed, and solutions are offered to help you potentially retire when you want to.
- Your retirement options explained – find out how the LGPS works and, more importantly, how it benefits you. You’ll learn about the different ways you can put more money into your pension pot, including how you can make use of a Shared Cost AVC scheme.
- The importance of topping up your Shared Cost AVC – this webinar explains why topping up your Shared Cost AVC could be beneficial to retiring earlier and with more money.
Prefer to do your own research? My Money Matters’ learning library has personalised articles that can help you build your financial knowledge at any stage of your journey.
This November, take the opportunity to start talking more about your money. My Money Matters are here to support you, no matter where you are in your life.
A Pension is a long term investment, the fund value may fluctuate and can go down. Your eventual income may depend upon the size of the fund at retirement, future interest rate and tax legislation.
*Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend on your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
†With investing, your capital is at risk. Tax treatments depend on your individual circumstances and may change in the future. Wealthify is authorised and regulated by the Financial Conduct Authority.
This is general information. You could lose money. Seek regulated advice.