#27 Financial Wellbeing

In this podcast, we hear from Gwen Harris from the Money Advice and Budgeting Service (MABS), where she works as Regional Manager in North Dublin, as we discuss financial wellbeing. Gwen provides practical tips for budgeting, reducing food waste, and finding the best deals in areas like utility bills.

 

Hosted by Fergal Fox, we learn that financial wellbeing is about having control and confidence in managing one's budget, rather than accumulating wealth. Gwen highlights the reluctance people may have when seeking financial assistance, and emphasises the importance of creating a judgment-free environment where people from all walks of life, regardless of their background or employment status, can seek support and advice. She also sheds light on the emotional toll and societal aspects of financial stress, emphasising that it's often external factors like job loss or illness, not personal overspending, that lead to financial strain.

 

Gwen encourages listeners to seek support from organisations like MABS and suggests visiting their website www.mabs.ie or calling their helpline on 0818 072 000, which open from 9am to 8pm, Monday to Friday. She also highlights that MABS provides financial health tools, tips and regular blog posts on various topics related to personal finance.

 

Produced by GKMedia.ie