Financial Wellness – The rise of financial stress costing $67 billion in lost productivity annually.

Financial Wellness – The rise of financial stress costing $67 billion in lost productivity annually.   AMP’s 2022 Financial Wellness research shows the number of workers severely stressed about their finances is at record highs, with an estimated one million Australian employees severely financial stressed, more than doubling since 2020. Original Author: Produced by AMP and published on 07/09/2022 Source

What is financial wellness?

What is financial wellness? How you feel, is your wellness. How you feel about your money is your financial wellness. This can be measured by the financial wellness index, which measures a person’s satisfaction with their current and future financial situation. For more information on financial wellness, please go to https://www.amp.com.au/insights/manage-my-money/financial-wellness Get more tips about managing and protecting your cash, reducing the money you owe and saving for both your big and small goals: https://www.amp.com.au/insights/manage-my-money …

The three key habits of the financially secure

Three key habits of the financially secure Financial wellness describes how we evaluate our finances and cope with any related stress. It can be a significant factor that affects our overall psychological wellbeing. AMP’s recent financial wellness research found three financial habits that people who are financially secure have in common: They save money regularly They pay off their credit card debt They avoid using layby and buy now, pay later (BNPL) services. We explore each of …

Financial wellness in 2020 – how does yours compare?

Financial wellness in 2020 – how does yours compare? Financial wellness is how you feel about your money. It can affect your overall wellbeing and other areas of your life, such as work and family. So, while money isn’t the be-all and end-all, how you feel about it is pretty important. Since 2014, AMP has been commissioning research1 into the financial wellbeing of Australians and has developed the Financial Wellness Index. It measures a person’s satisfaction …

7 Tips to improve your financial wellness

7 Tips to improve your financial wellness What is financial wellness? How you feel, is your wellness. How you feel about your money is your financial wellness. This can be measured by the financial wellness index, which measures a person’s satisfaction with their current and future financial situation. Some days you might feel confident you can meet your needs within the boundaries of your current income, whereas other days you may feel like you don’t …