Managing your finances can feel like a confusing puzzle on and off the clock. Most of us want clear cut answers telling us how to spend, save, pay off debt, and handle big decisions. 

But money is personal, and the best advice a planner can offer to one employee doesn’t always apply to everyone’s situation. Even so, employees of all demographics and pay grades are asking the same questions.

Everywhere you look there’s advice on how to make this ‘your’ year — the one where you exercise more, eat healthier, and get your financial life in order. 

On a personal level, you might have set a goal to save more, pay off debt, and creating a plan for your money this year.

As a benefits professional, you might have noticed the growing trend of financial wellness, and hope to bring guidance and support to your workplace. Either way, you might be considering the help of a Financial Advisor.

Millions of Americans make New Year's resolutions and head into January feeling capable and motivated. Yet, many struggle to make progress towards their goals and nearly 80% give up entirely by mid-February.

A quick search of "financial resolutions for 2020" brings up articles like this with jargon like eliminate high-cost, non-deductible consumer debt and match repayment terms to your time horizons.

If you need a financial dictionary on hand just to set your goals, how can you be expected to reach them?

"Will financial wellness ever be as ubiquitous as healthcare? "

To some, this question might conjure up images of a far away future, in workplaces that look much different than they do today.

But Karlos Guerra, Benefits Consultant at Lockton Companies, has already witnessed this emerging benefit gain a ton of traction. For him, a world where companies prioritize employee financial wellbeing as much as physical and mental wellbeing isn't far off at all.

Sleep impacts the overall wellbeing of your organization, and money-related stress is preventing your employees from getting enough.  

According to a 2019 survey by Bankrate.com, more than half of American adults are losing sleep over financial stress.

With open enrollment in full swing, it’s time for your team to review their health insurance options. A common approach is to check the same box as last year, leaving your health insurance unchanged for another 12 months. 

Take a look into your employee benefits crystal ball. What does the future of financial wellness hold? Our rapidly changing workplaces make planning a challenge, but industry trends can tell us a lot.

As an HR or benefits professional at a top law firm, you’re no stranger to the impact that stress has on your team. Many employers have made strides towards tackling the taboo of workplace wellness, knowing that when your team operates at their highest potential, it’s good for them, good for the client, and good for the firm. 

Love it or hate it, our modern world revolves around money. That’s why it’s so surprising that most of us were never taught about personal finance in school.

Sure, we somehow remember that the mitochondria is the powerhouse of the cell, but when it comes to compounding interest? We don’t feel so confident -- and your employees feel the same way.