1. Financial Wellbeing Challenge
January 2017

2. Challenge Goal (Employer)
Employee Wellbeing is a multifaceted concept that incorporates several components; it's much more than physical health that keeps an employee engaged in his work. An employee coming to work often deals with personal or financial struggles. This added stress can distract for the job responsibilities and obligations. According to SHRM and the McGraw Hill study, workers are now looking to employers for help in managing the overall financial wellness.
Promote the Financial Wellbeing Challenge to endorse proactive choices and offer suggestions that lead mindful, responsible planning and spending habits.

3. Instructions (Employer)
Identify the dates of the Financial Challenge
Review list of Financial activities – add and edit activities to fit your population.
Promote the Financial Wellbeing Challenge.

4. Getting Started Things to think about…
Pick a coordinator or coordinators.
Create sign ups/registration sheets.
Identify if there will be a specific kick off for this event and if so, what will it include.
What is a good incentive that will motivate employees to participate?
Who is eligible to participate? (employees, family members)
Encourage participants to select the appropriate small changes that work best for them.
Choose a method to promote the challenge ( , newsletter, intranet, bulletin board).
Decide on additional activities.

5. Challenge Goal (Participant)
Employee Wellbeing is a multifaceted concept that incorporates several components; it's much more than physical health that keeps an employee engaged in his work. An employee coming to work often deals with personal or financial struggles. Because this added stress can distract for the job responsibilities and obligations, workers are now looking to employers for help in managing the overall financial wellness.
Join the Financial Wellbeing Challenge to become involved in the management of your current finances and actively plan for a stable future.

6. Instructions (Participant)
Sign up to participate and encourage your coworkers to join the fun!
Answer the questions of the Self Assessment.
Put your name on your tracking form.
Track your progress:
Choose the five small changes that you would like to focus on for this challenge.
Log the date that you complete each Small Change activity on the tracking form.
Your goal is to complete at least FIVE Small Change activities FIVE times each during the challenge.
Submit your completed tracking form to _________________ by the challenge end date ________________.

7. Financial Wellbeing Challenge

8. Financial Self Assessment
Are you mindful of your day to day spending habits?
Have you prepared for emergencies or unexpected financial obligations?
Have you established financial goals and making progress to achieve them?
Can you enjoy life without a significant financial set back?
What concerns you about your financial stability?
Do you have a clear understanding of what you NEED and what you want?
Do you have a budget?

9. Tracking Form Name: ___________________________________
Tracking Form Name: ___________________________________ Date:_______________________________
Financial Wellbeing
Activity
 Be mindful of where your money goes. Use ONLY CASH and/or write down ALL expenditures
 Write down short term and long term goals. List needs vs wants ( activities and purchases)
 Complete a budget; Plan to PAY YOURSELF FIRST via savings.
Compare banking accounts, savings accounts, credit cards for fees and interest rates; Know your credit score and take steps to improve if needed
Review and participate in company sponsored resources: 401K, flexible spending, HRA, EAP etc.
Date Completed

10. Financial Wellbeing Budget
Monthly Budget
Income - After Tax
Amount
Income #1
Income #2
Other
Total Income
Expenses
Tithe
Savings
Housing - Mortgage/Rent
Electric
Gas
Water
Phone
Cable
Sewer
Trash
Internet
Food
Credit Card Payment #1
Credit Card Payment #2
Credit Card Payment #3
Credit Card Payment #4
Loan Payment
Car Payment #1
Car Payment #2
Auto Repairs and Tags
Auto Gas
Auto Insurance
General Merchandise (Non-Food)
Clothes
Haircuts
Gifts - Birthdays and Holidays
Social and Entertainment
Total Expenses
Surplus/Shortage

11. Financial
Review your budget and take stock of your investments – are you saving enough and investing wisely.
Determine new ways to cut unneeded expenses – pick one to start practicing.
Talk to a financial counselor. Use your EAP if you have one.