8 money problems financial education could have avoided

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Woman looking at bills and receipts on floor
Woman looking at bills and receipts on floor

By Marlene Y. Satter

Companies increasingly realize that employee financial wellness is crucial to their bottom lines, and to employees stressed over money—particularly as they approach retirement knowing their savings are falling far short.

A study at TradeSchools.net unearthed some of the reasons that people are doing so poorly at saving for the future: the timing and circumstances surrounding their education (if any) regarding personal finances.

The situation is serious. Financial stress takes a toll not just on employees but also on a company’s bottom line, via reduced productivity, increased health issues with correspondingly higher health care costs and lost time at work.

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