Talking about money with your friends could really help

4 min read 27 Sep 22

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Talking about money with anyone isn’t often top of our ‘to do’ list. But why is this the case when money is such an unquestionable part of our lives?

Maybe we don’t believe we have the right level of financial insight to talk to people without worrying about sounding foolish, or perhaps we think that the ins and outs of our personal finances hold little interest for them. Or is it simply down to good old etiquette – we simply don’t talk about money with other people? 

Our finances are like most challenges we face in life. It can make a real difference when we listen to alternative points of view so we’re not going it alone. If we think about money in the same way we do about our health and fitness, our careers and even our holiday destinations, conversations offering guidance and insight have the potential to influence our decisions and financial situations in some way.

So how should we start talking about money, particularly if sharing personal information doesn’t feel all that comfortable? Getting started is nearly always the hardest part. Here’s a few things to think about that might help.

If you’re in financial difficulty or struggling in other ways with the cost of living crisis, you may find it useful to visit the Citizen Advice Service. They have information on debt solutions, ways to get help, mental well-being, support available from the Government and more. You can visit their cost of living page.

If you are thinking about financial advice and would like to speak to someone, you can find a financial adviser that's right for you.

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