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\u201cA feeling of financial security can be described as positive financial wellbeing in individuals who have enough money to meet their needs and enjoy life as well.\u201d \u2013 LegacyScore<\/p>\n
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[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_3,2_3″ _builder_version=”4.18.0″ _module_preset=”default” width=”100%” max_width=”100%” global_colors_info=”{}”][et_pb_column type=”1_3″ _builder_version=”4.18.0″ _module_preset=”default” sticky_position=”top” sticky_offset_top=”40px” sticky_limit_bottom=”row” sticky_position_tablet=”none” sticky_position_phone=”none” sticky_position_last_edited=”on|tablet” sticky_offset_top_last_edited=”off|desktop” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”default” text_font_size=”16px” text_line_height=”1.6em” link_font=”||||||||” link_text_color=”#666666″ link_line_height=”1.4em” background_color=”#ecedf2″ custom_margin=”||||false|false” custom_padding=”|12px|30px|12px|false|true” sticky_limit_bottom=”row” border_radii=”on|15px|15px|15px|15px” box_shadow_style=”preset1″ global_colors_info=”{}”]<\/p>\n
What is Financial Wellbeing<\/a> [\/et_pb_text][et_pb_blog posts_number=”4″ include_categories=”2″ show_thumbnail=”off” use_manual_excerpt=”off” excerpt_length=”0″ show_author=”off” show_date=”off” show_categories=”off” show_pagination=”off” disabled_on=”on|on|off” _builder_version=”4.18.0″ _module_preset=”default” header_font_size=”16px” background_color=”#f4f5f9″ custom_margin=”||||false|false” custom_padding=”70px|30px|30px|30px|false|true” custom_css_before=”content: %22Latest Blog Posts%22;||font-size: 20px;||color: #333333;||font-weight: 700;||padding-bottom: 30px !important;|||| top: 30px !important;|| position: absolute;” custom_css_main_element=”border-radius: 15px;” custom_css_title=”padding-top: 0;||padding: 0;” custom_css_content=”padding: 0;” custom_css_post_meta=”padding: 0;” border_color_all_fullwidth=”#e0e0e0″ border_radii_image=”off|25px|25px||” box_shadow_style=”preset1″ global_colors_info=”{}”][\/et_pb_blog][\/et_pb_column][et_pb_column type=”2_3″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/legacyscore.com\/wp-content\/uploads\/2022\/09\/What-is-Financial-Wellbeing.png” alt=”What is Financial Wellbeing?” title_text=”What is Financial Wellbeing?” url=”https:\/\/app.legacyscore.com\/sign-up” force_fullwidth=”on” _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][dipl_separator line_type=”none” _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][\/dipl_separator][et_pb_text module_id=”What-is-an-Asset” _builder_version=”4.18.0″ _module_preset=”default” min_height=”55px” custom_margin=”-40px||||false|false” custom_padding=”8px|||||” global_colors_info=”{}”]<\/p>\n Financial wellbeing is a key component of a person’s overall wellbeing, but many employees around the world suffer from low levels of financial wellbeing. To address this issue, many workplaces’ financial wellbeing programs are being implemented. The issue is of importance to us today.<\/p>\n LegacyScore provides you with a free platform to upload your entire financial situation, from insurance policies, properties, and cryptocurrencies to assets and vehicles. By intimately understanding your financial situation you will be closer to unlocking financial wellbeing.<\/em><\/p>\n [\/et_pb_text][et_pb_text module_id=”definition” _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n Definition: What is Financial Wellbeing<\/strong><\/p>\n<\/li>\n<\/ul>\n In order to be considered financially well, one does not need a specific amount of money in their bank account. The definition of financial wellbeing is more closely linked to one’s own sense of financial stress and confidence.<\/p>\n It is worthwhile to keep in mind that there are many families and individuals with modest incomes who have positive net asset positions and are relatively secure, at least secure enough to meet their needs, and who are able to meet their needs as a result. While many individuals or families earn large amounts of money, they also have large amounts of debt that they struggle with servicing and feel insecure financially.<\/p>\n In order to be considered financially well, one does not need a specific amount of money in their bank account. The definition of financial wellbeing is more closely linked to one’s own sense of financial stress and confidence.<\/p>\n It is worthwhile to keep in mind that there are many families and individuals with modest incomes who have positive net asset positions and are relatively secure, at least secure enough to meet their needs, and who are able to meet their needs as a result. While many individuals or families earn large amounts of money, they also have large amounts of debt that they struggle with servicing and feel insecure financially.<\/p>\n [\/et_pb_text][et_pb_text module_id=”Facts” _builder_version=”4.18.0″ _module_preset=”default” min_height=”213px” custom_padding=”||3px|||” global_colors_info=”{}”]<\/p>\n Financial Wellbeing Facts!<\/strong><\/p>\n<\/li>\n<\/ul>\n As a result of the increasing financial stress that many individuals in the workforce are facing, financial wellbeing is becoming more and more important to individuals and employers. In many countries, employees are experiencing worsening financial wellbeing.<\/p>\n Looking at the 2019 UK report set out by the Royal Society of Arts highlighted that:<\/p>\n Additionally, PwC’s 2019 Employee Financial Wellness Survey found that financial stress was the number one stress source in the US more frequently than all other life stresses combined. Additionally, only 44% of employees believe their employers care about their financial wellbeing, and 49% find it difficult to pay their household expenses on time.<\/p>\n Due to the continuing decline of financial wellbeing among employees, there is a need to better understand what financial wellbeing is and what individuals and organizations can do to improve it.<\/p>\n LegacyScore provides you with a free platform to connect all your bank accounts, debts and insurance. This allows you to make informed financial decisions and reduce your financial stress. <\/em><\/p>\n [\/et_pb_text][et_pb_text module_id=”Cornerstones” _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n The 5 Cornerstones of Financial Wellbeing <\/strong><\/p>\n<\/li>\n<\/ul>\n Below are the 5 elements that we believe shape the backbone of financial wellbeing.<\/p>\n Many people around the world experience chronic financial stress, even though financial wellbeing is the ultimate goal. Many workplaces are stepping up and providing programs to support financial wellbeing, with promising results. However, there is still much more that can (and should!) be done.<\/p>\n [\/et_pb_text][et_pb_video src=”https:\/\/legacyscore.com\/wp-content\/uploads\/2022\/09\/What-is-Financial-Wellbeing.mp4″ module_id=”Video” _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_video][et_pb_text module_id=”Benefits” _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n Although the statement “money can’t buy happiness” holds some truth, achieving financial wellness can have some significant benefits, and research shows the importance of achieving financial wellness.<\/p>\n It is well known that money is stressful. Financial stress has only increased since the pandemic began. You can reduce your overall stress levels by taking steps to maintain financial health and wellness. A financial wellness program can help reduce stress in other areas of your life, such as family, relationships, and career planning.<\/p>\n You may miss out on a huge amount of innovation and creativity if you’re constantly worried about money. Taking risks is so important to innovation and creativity.<\/p>\n It’s likely that you’re sacrificing your personal life to make ends meet if you’re struggling to make ends meet every month. By finding a balance between work and life, you can focus on what matters most. With improved financial wellness, you can also find more freedom to find your passion.<\/p>\n \u00a0<\/em><\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” width=”100%” max_width=”100%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n
Financial Wellbeing Facts!<\/a>
Cornerstones of Financial Wellbeing\u00a0<\/a>
Video Breakdown<\/a>
The Benefits of Financial Wellbeing<\/a><\/p>\n\n
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