The NEF SCORE Report 2015/16 By The Money Mentor Club

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THE 5 WAYS OF WORK & WELLBEING

TAKE NOTICE DO WE TAKE NOTICE? The UK currently scores minus -11% on TAKE NOTICE. This indicates that as a nation we do take a passing interest in what affects us financially, but that we aren’t positively engaged. The TV, news, blogs, magazines and adverts may bombard us with finance and money information but are we ‘engaged’ with it all? No! This really gets to the crux of the matter….that the general apathy towards finance and money is just the UK way. It may well be our ‘way’ but the longer term implications of apathy severely impact lives in both terms of emotional and physical wellbeing. Providing further cause for concern was that 24% of respondents didn’t provide a response indicating basic money management habits were part of their regular routines i.e. a Don’t Know response. Why didn’t they know what to answer?? To change the UK mind-set to actively planning money and finances beyond a 12-month time horizon and to be ‘positively engaged’ is something that is easier said than done. ‘Telling’ people and/or ‘forcing’ them with Auto-Enrolling and getting them into pensions are a good start, but until the culture changes the main issues will not be addressed. Changing culture means to change how we Think, how we Feel and how we Believe – and we believe that is very difficult. Changing the climate however is an easier place to start, which means to change what we SAY, what we DO and how we LOOK at money and finance. The Money Mentor Club approach is simple – to keep it simple. Our mission is to ‘Put The Fun In – Take The Fear Out – Of Finance For Life’. The NEF SCORE shows us that fear of finance is the block to KEEP LEARNING and the others of the 5 Ways of Work and Financial Wellbeing. That’s the STRENGTH of KY7C™ - Know Your 7C’s The Ways Of Work & Wellbeing Relationships For Life

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Putting Health, Wealth & Work Together - With Wellbeing

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