Some might think it would be cost-prohibitive for employers to offer financial wellness programs to employees, but data by Financial Finesse Inc. shows that these programs can only help employers' bottom lines.
What is financial wellness?
It is being able to manage your money, having no debt or having a plan to reduce your debt, living within your means, having an emergency fund, putting money aside for retirement, financial planning and not being worried about money all the time. In these tough economic times, there are a high number of people who are not financially well and that tends to affect everything they do, from parenting and taking care of their home to performing well on the job.
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