FinanSavvy is a great tool that offers a personal
approach to managing your own finances.
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A Next Generation Financial Wellness Benefit
Empower your employees with a unique strategic planning tool wrapped in a literacy program
Employer Sponsored Financial Wellness
Does Your Financial Wellness Program Add Up?
As employers look for new ways to attract, retain and engage talent, financial wellness programs in the workplace are increasingly a competitive necessity.
According to the US Consumer Financial Protection Bureau, the average employer offering a Financial Wellness benefit spends $144 per employee per year or $12 per employee per month. FinanSavvy will cost you 65 cents per employee per month.
Financial stress is common, and work suffers.
54% of Americans say their financial situation is "only fair" or "poor".
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Bridge the Financial Services Gap
Offer employees critical tools and skills that they cannot readily access elsewhere.
For the gainfully employed, financial stress is often the result of inadequate access to planning resources. Access to personalized strategic financial planning services has long been limited to high net worth investors or people willing to pay thousands of dollars.
Strategic planning is needed to provide context for the more tactical services like spend tracking or investment management. We believe an effective Financial Wellness program must:
- Help employees formulate spending strategies that balance now and the future.
- Enable employees to envision and validate a realistic path to attaining dearly held goals and permanently achieving financial viability.
- Be intuitive enough for anyone to use and benefit from.
- Stand on its own or complement existing Financial Wellness efforts.
- Be low cost enough to be accessible to HR professionals without extensive approvals, and minimize the impact on funding other programs and benefits.
