FOR PROFIT ORGANIZATIONS
The reality is that 78% of people are living paycheck to paycheck. This means that almost 8 out of 10 of your employees are struggling financially. According to a Best Money Moves article. "More than 40% of Americans admit financial stress makes it difficult for them to concentrate at work.
Research by John Hancock Retirement found the loss of productivity combined with absenteeism from financial stress costs employers more than an estimated $1,900 per year, per employee, and total an estimated annual loss of $1 million for midsized employers and $19 million for large employers.
Financial stress causes feelings of fatigue and interferes with sleep for more than 40% of employees. A survey by Bankrate found closer to 80% of U.S. adults are losing sleep worrying about everyday expenses, saving for retirement and healthcare costs."
This financial stress can lead to:
Impair cognitive ability
Causes loss of sleep & focus
Causes relationship issues (#1 cause of divorce)
Decreases immune function & increases illness
Mental health issues like depression & anxiety
Why shoud that matter to you? Because these issues can cause:
High employee turnover
Employees calling off sick due to actual illness or emotional distress
Lack of focus which can cause a lack in job duties & safety leading to higher workers comp and liability
Poor job performance leading to low morale or efficiency
Irritability & moodiness leading to poor collaboration & communication
Significant loss in both revenue and output
FOR PROFIT EMPLOYEE SERVICES OFFERED
FULL PACKAGE: EMPLOYEE SUCCESS TRACKING
Traci is a Ramsey Solutions Preferred Master Financial Coach through the Dave Ramsey group. However, her experience with finances started years ago when she was a single mom trying to make ends meet.
She ended up losing government benefits after buying her first home forcing her to pick up two more jobs outside of her existing part-time job, all while in school full-time. It was beyond a challenging time and she ended up doing all the things that you shouldn't do with your finances, maxing out credit cards, refinancing her car and eventually her home.
It didn't look like there was an end in sight until she went to a conference and heard Dave Ramsey speak. For those who don't know, Dave Ramsey is a finance guru who started in a rough predicament as well, declaring bankruptcy and losing almost everything.
After she heard what he offered she jumped in feet first, and there was no looking back. Since this time she has gotten married and paid off a whopping $40,000 of debt and still going with student loans still remaining.
She now uses this experience and her financial knowledge to help others. She has a passion to help other single moms and women as well as military and veterans learn to control their money, get out of debt and live in financial freedom to experience the beauty of life without the weight of debt and financial struggles.