It's not about how much you make, it's about what you do with the money you have.
St. Louis, MO (PRWEB) November 03, 2015
Four Seasons Financial Education (FSFE), a provider of workplace financial wellness programs, today provided commentary on a recently released report from Gallup-Healthways. The report, State of American Well-Being, ranks results by state and "level of financial well-being". Levels of financial well-being range from thriving to struggling to suffering.
The report finds that, among those Americans in the "thriving" category, 62% consume fresh produce (five or more servings in four or more days with the last week) while only 57% do so in the "struggling" category and 52% in the "suffering" category. The report found that only 39% of Americans are in the "thriving" category while the remaining are in the latter two categories.
"We consistently find employees earning six-figure incomes that are completely stressed about their finances," says Travis Freeman, president of FSFE. "It's not about how much you make, it's about what you do with the money you have. We concur with the findings of this report," he says.
The Gallup-Healthways report found that among those earning more than $120,000 per year, 43% are categorized as struggling or suffering. Freeman also said employers can no longer ignore financial wellness due to the impact it has on employee productivity and health. According to FSFE, financial wellness programs can help employers improve health outcomes and increase utilization of benefits such as 401(k) plans, health savings accounts and flexible spending accounts.
About Four Seasons Financial Education
FSFE provides workplace financial wellness and education services to companies throughout the US to help them improve their bottom line. Since 1986, we have helped corporate America increase workplace productivity by focusing on the most important asset of the company - the employees. Consulting services provided through RFG Advisory Group, a Registered Investment Adviser.