Christina Rees MP is encouraging constituents to discuss money concerns or tips with friends and family during Talk Money Week, especially given the unprecedented and challenging financial circumstances that we find ourselves in with the coronavirus pandemic.
Talk Money Week runs between 9-13 November this year and aims at improving the conversation around money so that finances have less of an impact on people’s physical and mental wellbeing.
Citizens Advice Cymru reported back in April the huge impact coronavirus was having on family finances with 4 in 10 reporting a loss in household income, with nearly 1 in 14 reporting a loss of 80% or more.
Christina Rees MP said:
“I’ve spoken to so many people who in ordinary times consider themselves comfortable with their finances but have had the rug pulled out from under them during this crisis.
“There are so many concerns about businesses surviving, redundancy and unemployment, and being able to afford the necessities. Accompanying these concerns are often feelings of shame and embarrassment, but that is something we have to change. We must talk more about our finances to find help and to support our mental and physical health.
“There are people out there to help and Citizens Advice Cymru are fantastic if you need any help and advice. Please, if you are struggling, reach out to them today.”