Four Seasons Financial Education Helps Employees Boost 401(k) Savings and Debt Payments

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Financial wellness firm develops new program to show employees how to think outside the box.

Financial Education Without a Sales Pitch

It's not hard once you reset your mental calculator

According to financial wellness firm, Four Seasons Financial Education, the two most requested reasons for workplace financial education are retirement planning and debt planning. To address this demand, they have developed a new program to show employees unique savings strategies. Employers understand the need for increased retirement savings for employees, but are concerned with the average of $7,055 in credit card debt owed by the averaged American*. Four Seasons President, Travis Freeman, says employees just need help thinking outside the box.

"Paying down debt is important, but if you have a 401(k) employer match at 100% and your debt is charging you 12%, I would rather take the 100% return," says Freeman. "After prioritizing cash flow such as this, we show employees how they may save money on insurance, home expenses, or taxes which can all go toward extra debt payments. It's not hard once you reset your mental calculator."

Freemen went on to explain that employees are often stressed about financial goals because they simply don't have the training. 401(k) education helps with understanding investments, but comprehensive knowledge which brings personal finance together is what helps employees decrease financial stress. The goal is to improve employee performance as workplace stress is decreased.

About Four Seasons Financial Education
Four Seasons Financial Education provides workplace financial wellness and education services to companies throughout the US to help them improve their bottom line. We take a strictly academic approach to financial education and focus on the core areas of personal finance which may help increase employee productivity and organizational performance. Securities, education and financial planning services are offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC.

*Federal Reserve Bank. Revised credit card debt, 2011.

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