While it will be wonderful someday to see financial wellness programs include these services as well it is important to know that day to day money management addressed by the new generation of financial wellness programs requires a very different skill set.
Financial wellness programs definition.
A financial wellness definition recognizes that a lack of proper financial planning leads to increased stress lower academic performance and lower productivity among other negative consequences.
Cash course cash course is a budgeting tool designed for students.
Mint mint is a budgeting tool that helps you create and stick to budgets.
Such programs do not replace the financial education programs of the past that concentrate on investments and preparation for retirement.
Each employee has different financial priorities and obligations so a successful wellness program requires solutions tailored to an employee s unique circumstances.
As a result a growing number of organizations are launching financial wellness programs for their employees to help them get their finances back on track.
Aggie blue to gold financial wellness program the aggie blue to gold financial wellness program has online resources and student advisors you can meet with to help you improve your financial wellness.
Financial wellness programs should work in the same way offering holistic support and advice to employees so they can meet short term needs while working toward long range goals.
With 69 of workers being stressed about their finances and 72 worrying about their personal finances at work it s not hard to see why.