Impacts on Well-being

Financial health is about your ability to balance your financial needs for today with those of tomorrow, and get through times of unplanned financial hardship.

Why Financial Health Matters

Financial health is vital to overall emotional and physical wellbeing, family stability and people achieving their life goals - not just for today but for generations to come. Unfortunately, money stress, ‘money loneliness’, and the complexity of navigating our financial lives has never been greater. Traditional banking practices are less and less valued. Financial institutions are being asked to do more to support peoples’ financial well-being in a broader sense, rather than ‘product push’, which may not be in their customers’ best interests. In return, financially health and resilient customers offer new opportunities for engagement, loyalty, and long-term revenue streams with reduced credit risks. Financial health is a new avenue for customer-focused innovation and good for the financial services industry, while creating positive social impact.

Is your organization ready? We can help