Here at Brunsdon Financial, we recognise the growing importance for employers to take a holistic view of their employees’ wellbeing, which means supporting them through the nitty gritty subjects, as well as the more pleasant ones.
Why we should talk about money
Money is a notoriously tricky topic to approach, whether you’re talking about it with your parents, best friend or a colleague. Still thought of as taboo, it’s never been the easiest thing to discuss over a lunchtime latte. In fact, you may think the office is the last place you should be discussing personal finances.
We undertook a deep-dive on the subject of financial literacy in one of our latest blogs to find out exactly why it’s becoming more and more crucial to discuss in the workplace. With a rise in debt and housing costs, 20% of people struggling to pay essential bills, and recent reports that 5% of employees admit to taking time off work in the last 12 months due to money concerns , it’s crystal clear that the time to break the taboo and embrace financial wellbeing is now.
That’s why our new Financial Education programme exists.
What we do
We’re working with top financial education provider, Better With Money, to deliver a broad range of financial wellbeing topics. These can be received across a variety of different platforms to suit your needs. When it comes to money matters, the Better With Money experts aim to create accessible and engaging content for all, making them the perfect partner for our new service.
We understand that businesses come in all shapes and sizes, and that requirements will be different for each of our corporate clients. In order for us to tailor our service to your company, we offer: live workshops, delivered in the comfort of your own office (Covid restriction permitting); remote workshops to suit multi-site businesses; or online courses for your staff to access and complete at their own pace.
Our programme topics
Subjects covered in our new Financial Education programme include:
How to be better with money
An introduction to budgeting, debt, savings and investments, and money saving tips
Starting out right
A guide for graduates to understand choosing the right bank account, paying off student finance and understanding your payslip
Borrowing basics, how to prioritise and consolidate debt, debt help and budgeting for the future
How to improve your credit rating
Why your credit rating is important, the information used to calculate your credit score and the steps to take to improve it
Help for first-time home-buying
How to increase your chances of mortgage success and the pitfalls to avoid
Avoiding identity theft and fraud
How to protect your personal data, avoid scams and actions to take if you’re the victim of fraud
Protecting yourself and your family financially
The importance of insurance and wills when planning the future
Providing a comprehensive financial education programme for your employees could help to break down any barriers to support when it comes to learning about money matters. It may also contribute towards increased productivity and engagement in the workplace, as well as boosting overall wellbeing and morale among your team.