Financial Wellness App
Building a strong financial foundation is essential to overall employee well-being and satisfaction. Recognizing that many employees may be new to the financial planning process, the Financial Wellness App explains complicated financial terms and concepts in simple, clear language.
Personal Finance
The Financial Wellness App, brought to you by Consolidated Credit Counseling Services, integrates financial planning content into BENEFITFOCUS® HR InTouch to provide employees with the skills necessary to live a financially secure lifestyle. The Financial Wellness App provides online tools, including budget calculators and worksheets, more than 35 up-to-date publications regarding personal finance and 30 videos to help employees live within their means and stay financially fit. By using these tools, employees are encouraged to save and invest while they are taught to reduce expenses and debt.
Personal Finance topics include:
- Building a Budget
- Financial Goals
- Spending Guidelines
- Reduce Your Expenses
- Your Net Worth
- Debt to Income Ratio
Understanding Credit
A poor credit score can hinder an employee’s ability to make healthy financial decisions. The Financial Wellness App helps employees optimize their credit by learning to improve credit ratings, manage debt and use credit wisely.
Credit topics include:
- Understanding Credit
- Different Types of Credit
- Using Credit Wisely
- Your Credit History
- Building Your Credit
- Fair Credit Reporting Act
Easy Access to a Wealth of Information
The Financial Wellness App puts expert information at your employees’ fingertips. Because the app is available through HR InTouch, your employees don’t have to leave the portal to access the planning tools they need to make good financial decisions. They simply click on the Financial Wellness tab and immediately gain access to a wealth of content provided by the financial specialists at Consolidated Credit Services. The app offers guidance on establishing achievable financial goals, building a personal budget, managing financial stress and planning for the future. It also extends the core capabilities of HR InTouch, so you can manage online enrollment, employee communication, wellness initiatives and financial education – all in one place.