Financial Well-being Resources

 

Living paycheck to paycheck, being deeply in debt, and having no savings are symptoms of a huge problem in America today: poor financial behavior. Your employees know they need to do better with their money, but they just don’t know what to do. True financial wellness comes when inspiration and education are combined with actionable steps that lead to positive financial behaviors. Here are some resources that can assist your employees.

Onsite Financial Well-being Seminars

If you have a limited budget, tap into what your existing 401k vendors can offer. Have them come onsite to help employees maximize what you already offer. This includes local banks and credit unions

Virtual Financial Well-being Seminar

The Financial Wellness @ Work Employee Video Training Series will help employees make better choices about their personal finances and will encourage participation in company-sponsored benefit programs, as employees will better understand the incredible financial value of company-sponsored benefits. Meant to be a companion resource to the book, the video training series can easily be incorporated into any financial wellness program through lunch and learn, web portal or other electronic formats. The full kit comes with downloadable videos, interactive worksheets to help employees with budgeting and net worth calculations as well as PDF resources and references to help employees to apply the principles outlined in the video and book.

Practice Wellness Personal

Wonder where all your money is going? Or whether you’re saving enough for the future? Practice Wellness Personal can help you find answers to these and other questions. This existing NCMS Plan benefit offers the following:

  • Financial consultations to assist with credit card and other debt issues, bankruptcy and foreclosure, housing questions, budgeting and overall money management, and dealing with a financial emergency or identity theft.
  • Financial planning consultations on investing, retirement planning, 401(k) plan questions, college savings plans, insurance (e.g., life, disability, and long-term care), and basic estate planning.
  • Financial Counseling: Up to 60 minute telephonic consultations
  • Seminars and Webinars including:
    • An Overview of Estate Planning
    • Couples and Money
    • Personal Budgeting
  • Financial Assessment with links to helpful information including financial calculators, podcasts, recordings and read helpful articles and infographics.

Common Cents

This incentive challenge aims to get your employees to the peak of financial wellness. With this campaign’s engaging materials and guides, your employees will be equipped to actively manage their financial health. The campaign also includes fun ways for employees to track their savings activities and earn points. Please connect with Jason.Horay@mmicnc.com for this FREE program.

Mint

Manage your money like never before. Mint makes staying on top of your finances a cinch. It allows us to be the master of our money so we can get more out of life. Mint is versatile enough to help anyone’s money make sense without much effort. There’s no wrong way to use it, and nothing to lose getting started. You’ll be surprised how life-changing something so simple can be.

SmartDollar

SmartDollar is a step-by-step approach to handling money with the number-one authority in personal finance, Dave Ramsey. This site will help you get out of debt, on a budget, and on your way to a smarter future. Some of the resources include: Trusted Content (Personal Finance Education), Online and Mobile accessible, Budgeting Tools, Independent-Unbiased Advice, Personalization, Employee benefit, and Reporting.