Thursday, 25 August 2011

Have you got a money mate?

According to new research only a fifth of us have someone we can talk to about money.

There are times when we all find it reassuring to talk over our concerns in life - from careers to relationships, but when it comes to money matters, it seems many of us don’t have anyone to confide in. Results from a new survey by the Money Advice Service reveal that 76% of us admit to feeling generally happy about life when we feel good about our money, yet only 19% of us say we have someone who we trust to confide in about our money situation.

It's time we talked about money folks!
Today, the independent Money Advice Service launches the Money Chat campaign and 
we're right behind their aim to get the UK talking about money. 
The campaign will run from now until the autumn, offering free tips and tools to help people get their conversations started – online, over the phone, or face-to-face.

To launch the campaign the Money Advice Service surveyed over 2,000 adults to find out how the UK population feels about money matters.

Their results, published today, highlight that while money can’t necessarily buy us happiness feeling on top of it really can.  Having financial control gives us a positive boost that helps us cope better with other aspects of life, for example:
· 44% of us feel more in control of our lives overall when we feel in control of our money 
· 33% of us feel more confident when our finances are in order
· 37% of us can get on better with other aspects of our lives when our finances are in order

It's good to know you're not alone...

Being able to talk about money is key to getting on top of financial matters. 
In Sheconomics we have a whole chapter called Share Financial Intimacies in which we show you how to understand each other's money mindset, start a money conversation and even achieve joint account harmony (yes, it can be done!).
You can even download a tip sheet on How to talk to your partner about money.

The Money Advice Service’s free unbiased money advice is available nationwide - online at and on the phone via 0300 500 5000. 

So - what are you waiting for? Go and have a money chat with someone today.

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