Strategy | Uncovered: The five myths of financial wellbeing

Financial wellbeing is often misunderstood. This article will dispel the five main myths that can hold employers back from viewing financial wellbeing as a priority.

Myth 1: Financial wellbeing is the same as financial education

Financial education and financial wellbeing both have a role to play within your financial wellbeing strategy but are not the same.

• Financial education - gives you the knowledge and tools to understand your finances (calculating APR’s, doing budgeting and planning).

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