How you, the Employer can contribute to Financial Wellness !
Academy of Wealth defines Financial Wellness as having the knowledge, confidence and skills to make responsible financial decisions. Poor financial choices are putting individuals and the economy as a whole, at risk. People are increasingly digging themselves into deeper holes of debt, with little or no money left over for savings. Employers can strengthen the financial literacy of their employees, making it a wellness issue that will help improve productivity.
Are we doomed to a retirement living on a shoestring? Financial Literacy can help people become better savers and more savvy spenders, which will lead to a better retirement. Make financial education a constant in the workplace and boost the levels of financial wellness!