Talk Money Week: look at your finances

9 November 2020

The Police Federation is encouraging members to take time to get to grips with their personal finances.

Talk Money Week, which starts today, aims to improve financial wellbeing by urging people to be open about their finances.

Pete Musgrave, chair of Humberside Police Federation, says: “With the pandemic putting a strain on the economy, there has never been a more important time to focus on our own personal finances.

“Police officers may not have been furloughed or lost their jobs due to the pandemic but they could well have seen their household income devastated as their partners’ jobs have been hit.

“We appreciate that it can be hard to admit that you are having financial difficulties but I would urge anyone who is struggling to get in touch with us. The Federation can put members in touch with a number of organisations that can provide help and act in confidence.”

To mark Talk Money Week, Police Mutual has produced a free factsheet for members to help break the stigma of talking about money and debt issues.

The guide includes tips on how to improve your financial wellbeing, budgeting for Christmas and signposts for where to look for help.

Talk Money Week is a campaign by the Money and Pensions Service (MaPS).

MaPS is sponsored by the Department for Work and Pensions and brings together three financial guidance bodies: the Money Advice Service, The Pensions Advisory Service and Pension Wise.