Financial wellbeing blog

A Money Guiders blog with Carers First Being a carer can have a huge impact on many aspects of your life, including your financial wellbeing. Alison Pask, Relationship Manager on our Money Guiders programme, shares how Carers First supports those financial wellbeing needs, and how your organisation can support customers and employees who are carers. How many carers are there? It...

The theme of Mental Health Awareness Week 2023 is anxiety. Sarah Murphy shares free evidence-backed tools to help you address the anxiety caused by money worries and the financial issues that can be caused by mental health problems, whether you’re a creditor or healthcare provider. Sarah is our Health and Social Care and Mental Health Policy Lead. She works with the sector across the UK...

Earlier this year we published a blog on the overall findings of our latest Debt Need Survey, which measures the number of UK adults who need debt advice. Here, Debt Insight Manager Paul Das looks at what the survey tells us about the financial wellbeing of 18–24-year-olds in the UK. Our definition of “needing debt advice” is that a person needs to go through a regulated advice process...

Policy managers Sophia Spence-Cheng and Zoe Renton share their thoughts on a new £1.1 million grant programme, funded by the Money and Pensions Service, which tests scaling up projects that deliver financial education training to teachers and practitioners or offer direct delivery of financial education to children and young people in vulnerable circumstances. We know that financial...

Debt Insight Manager Paul Das shares what we know about the changes in how many people need debt advice, who might need advice in the future and how people are responding to changes in the cost of living. In 2021, MaPS adopted a new way of measuring the need for debt advice and we reported back on who needed debt advice using the results from our 2021 debt need survey, including an...

The Money and Pensions Service’s (MaPS) Chief Executive, Caroline Siarkiewicz, discusses why focusing on financial wellbeing is even more important in the wake of recent cost-of-living increases. Many people are worried about money right now, yet research shows that just talking about it can help to build a sense of overall wellbeing. Talk Money Week aims to encourage these money...

The Money and Pensions Service’s (MaPS) Propositions, Insights and External Engagement Director, Sarah Porretta, on the importance of financial education for children and resources available to schools and families during Talk Money Week. This week we’re working to turn talking about money from one of the UK’s least favourite topics into something that becomes as natural and familiar as...

Kani Kundu, Sector Support Executive and experienced Debt Adviser, talks about changes to Google’s debt services advertising policy and how this will help to protect consumers seeking information and support with their finances. The Money and Pensions Service (MaPS) hugely welcome Google’s announcement of changes to its debt service advertising policy, which mean that only organisations...

Debt Insight Manager Paul Das shares what we know about people using Buy Now Pay Later (BNPL) products, shares our concerns about what is currently offered by some providers and discusses how this product could fit within the regulated credit landscape. BNPL in the UK There are various estimates of the size of BNPL usage in the UK, but what all analysts and market commentators agree...

Money and Pensions Service (MaPS) Chief Executive Caroline Siarkiewicz highlights MaPS work to transform debt advice to help those in need. We know that debt advice works. It works for the people who receive it, and it works for society as a whole, benefitting the UK by up to £960 million a year. We also know that those delivering debt advice provide support that can transform...

Supporting carers’ financial wellbeing

How to address both anxiety and money worries

Why do so many young people need debt advice?

Improving children and young people’s financial wellbeing: seven projects for teachers and vulnerable children

Need for debt advice and how households are reacting to changes in the cost of living

Why financial wellbeing initiatives are more important than ever for businesses and individuals

Talking money with children and young people during Talk Money Week and beyond

Changes to advertising policy for debt services to better support consumers

Buy Now Pay Later – the customers and MaPS’ Concerns

Driving forward change to support those in need

Managing money in uncertain times