FINANCIAL AND MENTAL WELLBEING
FINANCIAL JOURNEYS CAMPAIGN
WHAT IS THIS CAMPAIGN ABOUT?
THE PIMFA FINANCIAL AND MENTAL WELLBEING: FINANCIAL JOURNEYS CAMPAIGN WAS CREATED TO HIGHLIGHT THE LINK BETWEEN FINANCIAL AND MENTAL WELLBEING
What is Financial and Mental Wellbeing?
Financial and Mental wellbeing is the ‘peace of mind’ that can come from managing your money, planning ahead to meet your needs, being informed or from having a trusted adviser that helps you navigate through you life’s most significant moments.
Why is it important?
At whatever stage at life you are, we are all faced with difficult decisions that often involve money and planning for our future.
This can be stressful and can affect your mental and financial wellbeing. But you don’t have to face these decisions alone.
From better financial education, to advice from qualified financial professionals for guidance, we want to ensure that people have a better understanding of their finances, and access to the help they need to make important decisions about their financial futures.
WHY IT MATTERS
DID YOU KNOW?
94% of UK employees are suffering from money worries and 59% rank it as their biggest cause of stress & anxiety
Student debt is rising; Students today graduate university with average debts of £50,800
Every two minutes someone in the UK is diagnosed with cancer
1 in 3 people born in the UK this year will develop dementia in their lifetime
The number of households has increased by 6% in the last 10 years, but the average household debt now stands at a record £15,400
The average cost of a funeral is often a lot higher than what people expect, and now costs 80% higher than in 2008
Average inheritance is £11,000 but more likely to be received by those aged 55 to 64
The average cost of a wedding has increased by about 20% over the past 5 years to £20,000, and 42% of marriages end in divorce costing on average about £1,500
1 in 3 people will have to rely solely on their state pension of £168.60 per week, 35% of adults don’t have a pension at all and 43% of the population don’t know how much they will need in their retirement
Let’s get the conversation started!
Find out how you can get involved
Get talking people!
Follow @PIMFA_UK and share content and information from our social media pages on LinkedIn and Twitter.
• Join the conversation on social media – like, comment and share the stories and content we post.
• Add the materials from the partner packs we have sent you to your websites.
• Link to this website, our Financial Journeys microsite and direct your clients to this information and toolkit.
• Share your own case studies and stories from clients about how you’ve helped their financial and mental wellbeing on your own social media channels, using the hashtags #MyFinancialJourney #FinancialJourneys and we’ll share them too.
Need some Inspiration? Here are some suggested posts to get you on your way…
We’re pleased to be supporting @PIMFA_UK’s #FinancialJourneys highlighting the importance of financial wellbeing throughout our lives and its impact on our mental wellbeing. Get in touch with one of our advisors for financial advice or find out more at pimfa.co.uk/financialjourneys
Did you know that 94% of UK employees suffer from money worries? Having a trusted financial adviser can help you navigate through life’s most significant #financialjourneys. Get in touch with one of our advisors for financial advice or find out more at pimfa.co.uk/financialjourneys
Find out more why our financial journeys are so important, here, with our explainer video.
We have developed a range of assets and resources, with partner firms and organisations, to ensure that consumers and clients have all the information they need to become more financially savvy and encourage financial wellbeing.