• Rachael Panteney

Why talking about money is good for your health...

More than three-quarters of employees in the UK claim money worries affect them at work, according to a 2019 study by Close Brothers Asset Management. That statistic suggests there is some truth that paying attention to your financial health can also prove beneficial for your mental health.

Research by the Money and Pensions Service (MaPS), shows 22 million people in the UK say they don’t know enough about money to plan for their retirement. So if you want to know how to get started talking about money, the following tips can help.

1. Feel the fear and do it anyway

It’s not easy to talk about money. But speaking with a qualified money expert, such as a financial adviser, could help you to break the taboo about discussing finances.

Encourage everyone involved in household finances to talk about money. When it comes to the younger members of the family, their knowledge, skills and attitudes towards money are formed at a very early age, so positive commonplace discussions could have a life-long effect in forming good habits.

2. Collect your thoughts (and paperwork)

Whether you want to talk to a partner, your parents, a financial expert or even your children, get your numbers in order. Know your budget, pension arrangements, assets and debts, including your mortgage. But also think about your financial goals: What you want to achieve with your money and What a comfortable retirement might look like are two good questions to ask yourself.

3. Set targets for your conversation

If you’re talking to elderly parents, you may want to discuss care costs or estate planning, whereas with a spouse you may want to set annual, five, and 20-year savings goals.

A financial adviser can help you take the emotional heat out of the conversation and recommend the best products to help you realise those goals.

4. Make a future money date

If you have had a productive financial chat, commit to monitoring and discussing financial goals and challenges. With a financial adviser this could be every year, but with a spouse or parents it may be more often. The most important thing is to keep talking because that will lead to money confidence.

To find out more about how Willow Tree Financial Services can help you achieve your financial goals, call 01323 436680 or visit Willowtree-fs.co.uk

1 view0 comments

Willow Tree Financial Services.

A6 Chaucer Business Park,

Dittons Road, Polegate.

East Sussex, UK.

BN26 6QH

01323 436680


The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested. Your home may be repossessed if you do not keep up repayments on your mortgage. 

The Financial Conduct Authority does not regulate Will Writing & Estate Planning.

Willow Tree Financial Services is a trading style of Rachael Panteney, an appointed representative of Quilter Financial Services Limited and Quilter Mortgage Planning Limited, which are authorised and regulated by the Financial Conduct Authority.

The information and content within this website is subject to the UK regulatory regime, and is therefore targeted at consumers based in the UK.

Privacy Policy

© 2020 by Willow Tree Financial Services. Proudly created by AMME.

Image Disclaimer: All images shown are for illustration purposes only and are not pictures of actual clients.

For reliable financial advice that is accessible to everyone; from mortgages to pensions, and everything in between.


We pride ourselves on our friendly and professional service and use our extensive market knowledge and experience to deliver a client-first approach, as standard.

Clicking the links below will depart you from the regulatory site of Willow Tree Financial Services. Neither Willow Tree Financial Services nor Quilter is responsible for the accuracy of the information contained within the linked site.

  • Facebook - White Circle
  • Instagram - White Circle