Financial education plays an important role in helping people.
Sadly, this isn’t something that we receive in our days at school, and as a result many people enter adulthood with very little knowledge of money matters.
They find themselves having to learn as they go. That may be okay for some people, but not the majority.
Understanding how to look after your money and having your expenditure (bills etc..) covered plays a significant role in your mental health. It can mean that you are more comfortable and confident. Not worried and fearful.
Having a financial plan in place – in other words, a trusted, well sign-posted track that you can follow – is crucial for you and your loved ones.
It is also important to understand what brings joy into your life, and how you can use your money to do these things.
Over the last couple of years there has been much talk about the importance of financial education and financial wellbeing, especially in the workplace.
It is a subject that isn’t going to go away. And it shouldn’t. Financial wellbeing can’t be treated in isolation, as it runs through all aspects of our lives, and is often the cause of many other issues.
* Book a chat with Lifetime to see how we can help you boost your employees’ financial knowledge, understanding and wellbeing: https://www.lifetime-fm.com/book-a-demo/