Broker Check

Financial Wellness

“BenefitsTree LLC is based in Georgia.  Nationwide, Georgia ranks 7th and 15th...from the Planning & Daily Habits and Overall Financial Literacy.5  Financial literacy is a global problem, not just a local community problem. This will not change until we come together with the mission to make a difference in the lives of others.”  - Nancy Riedel, Founder, BenefitsTree LLC

Study participants were asked five questions covering aspects of economics and finance encountered in everyday life, such as compound interest, inflation, principles relating to risk and diversification, the relationship between bond prices and interest rates, and the impact that a shorter term can have on total interest payments over the life of a mortgage.

Individuals need at least a fundamental level of financial knowledge. This knowledge, paired with financial decision-making skills, can best ensure an individual’s financial capability.


Test Your Financial Knowledge


What is Financial Wellness?

Financial wellness is the ability of individuals and families to manage daily finances while setting short- and long-term investment goals. Financial wellness results from adopting healthy saving and investing behaviors that are attainable and maintainable over time.

The Need for Financial Wellness Education

Millions of Americans at all income levels live in a state of personal financial crisis. It’s affecting their health, their relationships, and their work. Many are ready to take control of their money but don’t know how.

Wellness Works for Everyone

Financial wellness programs can benefit employers just as much as their employees. Research shows that financial stress can adversely impact employee performance, retention rates, and retirement plan contributions. Providing employees with tools and techniques for managing that stress can translate to a more productive workforce, greater business success, and parents passing the knowledge to their children … the next generation of employees.

Financial Literacy Crisis

Imagine driving a car without a basic understanding of the rules of the road, or even how to operate it. Scary thought. Yet many Americans are operating their personal finances with only the barest minimum of knowledge.

Read More

1 S&P Global FinLit Survey 2015
2 American Psychological Association 2015
3 U.S. Census Bureau at al. 2014
4 MarketWatch 2015
5 Financial Capability in the United States 2016,
   FINRA Investor Education Foundation

6 T. Rowe Price