Talking about money can sometimes be difficult but this TalkMoney Week (3 to 7 November) we want to reduce stigma and encourage people in Portsmouth to start conversations about money. Maybe it’s a quick chat about budgeting with a partner, speaking to a professional about your pension, or introducing the idea of savings to a child?
Let’s talk about money – five ways to start the conversation
Talk openly about money with friends
Talk openly about money with friends, from explaining when you can’t afford something to handling requests for loans. You’ll learn practical tips to have these conversations without feeling awkward or damaging your friendships. Talking with friends about money | MoneyHelper
Talk to your partner about money
Money conversations don’t have to end in arguments, they can strengthen your relationship and help you build a better future together. Here’s how to get started. Talking to your partner about money | MoneyHelper
Help your children develop good habits with money
Help your children develop good habits with money. Talk Learn Do is free guidance to help you teach your children about money by getting them involved in everyday activities like shopping trips, saving for something special, or spotting scams. Find out more: Talk Learn Do | MoneyHelper
Speak to an expert
Speak to a local expert from Advice Portsmouth about money, benefits or debt – call 023 9279 4340, email advice.portsmouth@theyoutrust.org.uk, or go along to a drop-in session, you’ll find session times on their website: Home – Advice Portsmouth
Visit our cost of living hub
Get cost of living support by calling our helpline 023 9284 1047 (open weekdays), or visit our cost of living website for lots of money-saving guidance and other services that can help: Cost of living hub – Portsmouth City Council
Starting a conversation about money doesn’t have to be daunting. By opening up with friends, family, and professionals, you can feel less awkward and build confidence in managing your finances. Whether you’re discussing budgeting, planning for the future, or teaching children about money, every conversation helps to reduce stigma and empower you. Remember, support is available locally through Advice Portsmouth and our cost of living hub, so you’re never alone in facing financial challenges. For more tips and guidance, explore the resources linked in this article and take the first step towards a healthier relationship with money.