Chloe Smith today continues her campaign to improve financial information and education in Norwich and calls on local people to try out a new online health check, launched this week by the Money Advice Service. In less than ten minutes, the free and unbiased health check (at: www.moneyadviceservice.org.uk/healthcheck) provides a personal action plan to help people stay on top of their money today, and plan to meet future goals.
Chloe welcomes the new Money Advice Service, which is an independent organisation. It gives free, unbiased money advice across the UK – online, over the phone and face-to-face. The new Government pledged to set up the Service from its earliest days. It is paid for by a statutory levy on the financial services industry
“I am delighted to support the work of the new Money Advice Service. In these challenging economic times, clearly most people are having to pay careful attention to their financial circumstances. This new Money Advice Service provides independent and professional help to ensure they get the most out of their money. The Government has done the right thing in setting it up. I urge people in Norwich to make use of the service to check their personal finances and get help if needed.”
Gerard Lemos, Chairman of the Money Advice Service, said:
“Our new online health check is designed with your attitudes to money and your aspirations for life in mind. In less than 10 minutes the health check identifies the top three things you and your family can do to make the most of your money right now, and to plan for future goals. The advice is free and unbiased and won’t sell them anything. I am delighted that Chloe is supporting our work and helping to spread the word about the free help available.”
The interactive health check asks a series of straightforward, multiple-choice questions and uses the answers to produce a personal action plan. For example, the plan will suggest ways to:
· stay on top of your day-to-day money;
· check you have enough emergency savings;
· make the most of your savings;
· make sure you can cope with a change in circumstances.
To help the nation take charge of their money, the Money Advice Service is also running a TV and online advertising campaign called ‘Helping you feel good about money’, to raise awareness of the Service so that everyone knows where to turn for free, unbiased money advice.