Have You Got A Financial Friend

For many people, money can be a tricky subject to navigate and the mere thought of having to do something finance-related can leave them feeling overwhelmed, uncertain, or stressed.

Part of the problem is that the world of money is a bit like a foreign land with its own language and rules which few of us get taught but are expected to master and navigate when the need arises.

It’s no surprise then that, whether you’re just starting out on your financial journey, looking for ways to improve your financial situation or planning for your future, money matters can be intimidating and confusing. If you then add into the mix the anxiety and stress that being in debt or struggling with money can provoke, it is clear why money matters are one of the biggest underlying causes of absence from work and the breakdown in relationships.

So, what can we do to make money a much less daunting part of everyday life? One way is to find a “financial friend” who has the knowledge and experience to help, guide and support us when it comes to money matters. Much the same way as we turn to our “regular friends” for their views, guidance, and support on other things in life, a financial friend is someone we can lean on when money matters are confusing or proving a challenge and we need someone to turn to.

For many people, the idea of sitting down with someone and “opening up” about their finances can seem daunting, especially if they are struggling financially or have a problem with debt. According to a survey by Starling Bank, people are more likely to talk about their weight, sex life and political beliefs, than they are about money! However, the simple act of talking about money is one of the best ways to learn what we need to do, and helps make money less scary and overwhelming. So, have you got a financial friend?

If you haven’t, fear not. At Better with Money we have developed 1-2-1 guidance services for employees because we know that talking about money really helps. Like all good friends, at Better with Money we are good listeners and our 1-2-1’s provide a safe, confidential, friendly, and non-judgemental space for employees to talk about their finances. Better with Money also provides tips and guidance which are both impartial and easy to understand, as well as information on where to find help if it’s needed.

Whilst, we can’t promise to make employees’ financial problems disappear, we hope that by being a financial friend we can provide them with the opportunity to talk and the tools and knowledge they need, to reduce money stress. And less stress, means lower workplace absence and more motivated employees.

If you would like to find out more about Better With Money’s webinars and 1-2-1 services, please get in touch.