Fermanagh and Omagh District Council joins campaign for people to ‘do one thing’ to improve their financial wellbeing.

Fermanagh and Omagh District Council is 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, the Council is 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 talking to a child about pocket money or exploring the MoneyHelper website.
Whatever people choose to do, the Council is also asking them to talk to others about what they did and why, in the hope of inspiring them to join in too.

As part of the week, Fermanagh and Omagh District Council will be sharing helpful resources along with local and regional sources of support, for residents affected by debt. Each day during Talk Money Week, there will be suggestions and prompts on the Fermanagh and Omagh Council social media pages. More information is available at http://www.fermanaghomagh.com/costoflivinghelp

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.
Talk Money Week is supported by hundreds of organisations, including major banks, various government departments, NHS Trusts across the UK and charities like Citizens Advice and Money and Mental Health.

Taking control of money, talking openly about it and sharing the burden that worries can cause has a huge positive 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 Fermanagh and Omagh District Council are doing to support the long-term UK Strategy for Financial Wellbeing, launched by MaPS in 2020. It includes ambitious ten-year goals to help everyone make the most of their money and pensions.

Chair of Fermanagh and Omagh District Council , Councillor John McClaughry said;

‘I am pleased that the Council is taking part in the Talk Money Week initiative as a way to open up the conversation around money and financial well-being. Fermanagh and Omagh District Council is committed to working with our partners to make the most of the resources available to address the issues people face around money.’

Deirdre O’Connor, Anti-Poverty Officer from Fermanagh and Omagh District Council commented:

“There is lots of support available locally for people who are finding things difficult financially. You are not alone, and it is nothing to be embarrassed about. This week, try to ‘do one thing’ that could improve your financial wellbeing.”

Oliver Morley, Chief Executive at the Money and Pensions Service, says:

“Talking about money with friends, family and children – or experts if necessary – can help you feel more confident and give you greater financial resilience. That’s why, as part of our annual Talk Money Week campaign, we’re calling for you to ‘do one thing’ to help improve your financial wellbeing, to tell others about it and ask them to do the same.

“We know starting conversations about money can be difficult and so we have all the ideas and information you’ll need on our website, along with the tools to get you started.

“Whether it’s something small, like starting a conversation, or something bigger, like making an informed long-term decision, this is the chance for everyone to get involved and start talking about money, together.”

For more information on Talk Money Week visit www.maps.org.uk/talk-money-week/ and for local information and support visit www.fermanaghomagh.com/costoflivinghelp

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Editors Notes;

Talk Money Week (4-8 November) inspires people to take one action, however small, that improves their financial wellbeing and to tell others about it.

The week is led by the Money and Pensions Service (MaPS) and supported by hundreds of organisations.

MaPS says “it’s time to talk specifics” and help everyone improve their financial wellbeing.