Financial wellness has become increasingly important for all Americans.
In the wake of economic downturns, a global pandemic, and changes to work-based benefits, wages have not been keeping pace with the cost of living. Very few initiatives have been developed and tailored for use by the nearly 19 million state and local government workers. These new education and support programs intend to rectify this oversight.
Start your journey to Financial Wellness with the Six Financial Life Stages for local, regional and state employees. Flip through the book above (or download it here) and then learn more with the free tools and resources below. Most of these documents are open source and can be personalized for your entity.
Op-Ed: The Financial Wellness Programs Public Employees Need: State and local government workers were worried about their finances even before the pandemic. Helping them and their families navigate the impacts of the economy is more important than ever. Published in The Future of Work newsletter by Governing.com By J. Franzel, S. Snyder and C. Woodson Welch (November 12, 2020)
Want to learn more about how to use these free tools? Watch the Introductory Webinar now. (September 30, 2020)
To view a list of FinWell awardees, please click here. Congratulations to the awardees! (September 15, 2020)
Financial Wellness for State and Local Employees: Quick Reference Guide
This quick reference guide is offered to outline: (1) what is meant by financial wellness (sometimes referred to as financial literacy or financial education); (2) what topics are included in employer-provided financial wellness programs; (3) what formats are typically used to offer and communicate program content; (4) what barriers employers must address and overcome in order to implement effective programs; and (5) how programs can be evaluated.
A Focus on Public Sector Financial Wellness Programs: Employee Needs and Preferences (SLGE, April, 2020)
Financial Literacy Programs for Local Government Employees (SLGE, January, 2019)
Request for Proposal:
Savings and Security Financial Wellness Digital Assessment and Training Platform
Release of RFP July 14, 2021
Q & A session with potential bidders July 29, 2021 at 1:00 pm ET
Deadline August 20, 2021 at 1:00 pm ET