Debt Awareness Week, held from 24th to 30th March, is dedicated to breaking the stigma around debt and encouraging open discussions about financial wellbeing. Organised by the debt charity StepChange, this annual event aims to raise awareness of debt issues while highlighting the advice and solutions available to help.
Tackling the stigma around debt
Despite debt being a common issue, many people struggle in silence due to feelings of shame or fear of judgment. Talking about financial difficulties can be tough, but it is a crucial step towards finding solutions and regaining control.
Accessing help through our helpline
For those working in print, paper, packaging, publishing, graphics and the allied trades, the Printing Charity offers a dedicated helpline providing confidential advice and support. The helpline serves as a gateway to support for financial questions and challenges, including free access to PayPlan, a leading provider of debt advice and solutions.
How PayPlan can help
PayPlan provides tailored, practical debt advice to help people manage their financial situations effectively. They advise on a wide range of debt solutions and recommend the best one for you such as guidance on debt repayment options, budgeting strategies, and financial planning, ensuring that no one has to face financial challenges alone.
Encouraging open conversations
One of the most powerful ways to tackle financial difficulties is by talking about them: sharing experiences, seeking advice, and supporting one another. Whether it’s speaking with a trusted friend, family member, or professional advisor, open conversations can pave the way to financial recovery.
Tips for opening up about debt
If you’re unsure how to start a conversation about debt, here are some helpful tips:
1. Choose the right person and setting
Find someone you trust, like a close friend, family member, or financial advisor. Pick a quiet, private place where you feel comfortable.
2. Prepare what you want to say
Jot down key points about your financial situation to help organise your thoughts. This can make the conversation feel more structured and less overwhelming.
3. Be honest but go at your own pace
You don’t have to share every detail at once. Start with general concerns and open up gradually as you feel more comfortable. Expressing your feelings and struggles truthfully can be a relief and a crucial step toward getting help.
4. Use “I” statements to express your feelings
Instead of focusing on blame or guilt, say things like, “I’m feeling overwhelmed by my debt and need some guidance.” This keeps the conversation constructive.
5. Seek professional advice
If talking to loved ones feels too daunting, consider reaching out to one of the debt charities below or call our helpline. They offer non-judgmental advice and practical solutions.
6. Remember you’re not alone
As one of our beneficiaries commented, “anyone’s life can change on a spin”, and many people face financial difficulties at various times. Discussing debt should not be a source of shame. Starting a conversation can lead to support, solutions, greater peace of mind and a healthier financial future.
Seeking support: Where to start
If you or someone you know is facing financial difficulties, help is available:
- Contact the Printing Charity helpline for confidential support and advice available 24/7, 365 days a year. The helpline can point you in the direction of practical help for financial concerns including debt, benefit entitlement, loans and day-to-day budgeting.
- Access PayPlan via the helpline if your company is signed up, to receive free, professional debt advice.
- Educate yourself on financial wellbeing through reputable online resources and support networks.
- Reach out to these specialist charities:
Turn2Us – give grants and benefits information
StepChange – offers guidance and assistance in developing a plan to tackle your debt with help like breathing space and a designated debt management plan.
Shelter – gives advice on mortgage arrears and repossession
GamCare – there for anyone who is in debt from gambling.
Debt should never be a burden faced alone. Whatever your financial situation, there’s always somewhere to turn. And by having more open discussions we can break the shame and stigma surrounding debt.