CAN FINANCIAL WELLNESS AFFECT HEALTH?
The definition of financial well-being is being able to meet current and ongoing financial obligations, feeling secure in your financial future, and being able to make choices that allow you to enjoy life.
Financial stress directly impacts physical health, relationships within the workplace and personal ones, productivity at work, and work attendance.
For employees, financial well-being means being debt-free and stress-free.
By implementing these programs, organizations empower their employees to feel confident in their ability to make the right financial decisions.
Those who have used financial wellness programs have reported better mental health, lower stress, better physical health and are overall more optimistic about their financial future.