Conversations about money can be difficult. Most of us don’t feel very comfortable talking about our finances with our loved ones. We try to avoid the conversation, change the subject, or put it off until another time. But sometimes those conversations are the most important ones to have.
Not talking about money is a source of stress, anxiety, and unnecessary problems for many families.
1 in 3 people have experienced stress and anxiety in the last month, and according to the Single Financial Guidance Body, 63% of people say that money worries are currently affecting the mental health of someone close to them.
That’s why we’ve partnered with Relate, a charity that specialises in relationships, to help find ways to make those conversations about money in families easier.
Whether it’s having a chat with the bank of Mum and Dad, or talking about the “what ifs” in life, we think it’s time families started using the M-word.
Below you'll find some valuable tips from Relate, the leading relationship support charity, to help make those conversations easier for you to have.
Supported by relationship charity Relate, later in the year we’ll be co-creating a series of M-Word courses. The courses will offer practical advice to help with those big money conversations.
The first course will be available this Summer. Don’t forget to keep checking back to the site regularly for updates.