Claro Wellbeing

Mind Over Money: Understanding the Link between Mental Health and Finances

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Do you know the hidden link between your employees’ financial and mental health?

Our report shows the average mental wellbeing scores of those with low financial confidence are 37% less than those with the highest. Put simply, the less financially confident you feel (i.e. in control and secure) the worse your mental wellbeing is likely to be.

What’s more, poor financial and mental wellbeing is a major cause of poor performance at work, increased absenteeism, burnout and high staff turnover.

Download this report to find out:

  • How high income doesn’t always lead to greater financial confidence

  • Why we feel financial loss more than we feel financial gain

  • Eight steps to increasing financial literacy and protecting our mental wellbeing


About Claro Wellbeing

Claro Wellbeing was founded upon an unshakeable belief that financial education should be democratised.

Too few of us are taught essential financial skills at school or at work. As a result, many of us face barriers when seeking help.

Poor financial wellbeing costs companies billions every year. Our mission is to provide your employees with personalised financial guidance to make them feel more confident and supported in their roles, boost engagement and performance, and help you retain staff and attract the best talent.

We are bringing financial wellbeing to your workforce through one-to-one coaching sessions, interactive company webinars and accessible educational resources.

Our packages are designed and delivered by our in-house expert financial coaches, who've helped hundreds of people on their financial journey to take actionable steps to move closer to reaching their goals. We’ve worked with a number of businesses including Santander, Ogilvy, CMAC, The Bunch and Novos to help them support their teams’ financial wellbeing.

From recent graduates to senior executives, each of your employees has something to gain from our financial wellbeing programme.

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