‘Be open about money worries’

9 December 2020

Humberside Police Federation chair Pete Musgrave wants to remove the stigma from talking about money as he urged members to open up if they have financial worries.

Pete is encouraging people to seek the support they need if they’re struggling to make ends meet this Christmas.

“Christmas can be a stressful period, particularly if you have money worries and don’t feel in control of your finances,” said Pete.

“And, of course, this year, with the impact of the pandemic, more people could be under financial pressure because of loved ones or partners losing their job or being furloughed.

“We want to end the stigma from talking about money, and we want officers who are struggling with their finances to know there is support and help available.

“As a Federation, we’re here to support officers and can point them in the direction of further help if they need it. No one should feel they are on their own,” Pete added.

Hayley Aley, chair of the national Federation’s wellbeing sub-committee, has published a blog about the mental health impact of financial worries.

Hayley said: “I have been there myself – as a student officer I was a single parent and had sleepless nights worrying about money. If only I knew then what I know now. There is no shame in admitting to others that times are hard – asking for help and support is the most positive thing you can do, not least for your own mental health and wellbeing.

“Money worries can eat away at you – cause you to feel depressed, isolated, destroy your confidence, relationships at work and home, interfere with your family time – the list goes on.

“We want to help you manage your financial stress and we will be shining the light on where to get help and support – keep an eye on our website, social media channels and look out for the next edition of POLICE magazine.

“Some officers who have struggled financially have offered to share their stories and we will be publishing these this month.

“I have no doubt their experiences will resonate with many - inspire and give hope that there is a way through these difficult times.”

Hayley added: “Many officers worry about admitting that they are in financial difficulty for fear of jeopardising their job.

“The truth is that declaring your financial situation to professional standards can alleviate that vulnerability – again a positive step towards getting back on track.

“And don’t forget that you can reach out to your local rep or branch board to support you with that too.”

Visit the Police Federation website for organisations that can help if you’re worried about your finances, or speak to a Fed rep.

Police Mutual has also produced a series of leaflets with advice on taking control of your finances this Christmas.

Find out more about the Federation’s mental wellbeing campaign Hear ‘Man Up’, Think ‘Man Down’.