Financial Wellness involves the process of learning how to manage financial expenses. Money plays a critical role in our lives and not having enough of it impacts health as well as academic performance.Achieving and maintaining financial well-being is important for families and individuals, as well as our entire region. Stronger families make for stronger communities.
Financial wellness programs are intended to educate employees by ultimately increasing their financial well being; this can be done in a number of ways from finance counseling, or platforms that assist them in managing money. Benefits from workplace financial literacy is Better health, Increased employee retention, morale, productivity and profits and Lower absenteeism and health care costs.