#financial-wellness

#financial-wellness

Michael White pivoted his startup to focus on helping tech employees secure mortgages as many used lines of credit for home purchases.

Rain raised $75 million in Series B funding, showing strong investor confidence in their earned wage access solutions, aimed at enhancing financial wellness.

Multiply Mortgage aims to improve homeownership accessibility by providing mortgage benefits and financial wellness programs for employees.

Workers across four generations face increasing financial stress, particularly Gen Z, impacting employer retention strategies.

Financial goals and stressors vary by generation, necessitating tailored benefits from employers.

Employers must adapt to the evolving financial wellness needs of their multigenerational workforce to enhance retention.

Open enrollment is crucial for highlighting employee benefits that influence retention.

A year-round planning strategy ensures benefits remain relevant and valuable.

Clear communication is vital for effective open enrollment participation.

DailyPay and WorkJam's partnership enhances employee satisfaction through earned wage access, promoting better retention and financial wellness.

The sports betting industry presents both enormous financial gains and serious mental health concerns, particularly among young adults.

Frich is a startup created by Katrin Kaurov and Aleksandra Medina to address the lack of open conversations around financial wellness for Gen Z.

Challenging oneself to a 'no spend' month on TikTok emphasizes being more mindful with money and saving cash.

Mindful spending allows indulgences without sacrificing financial goals.

Having a dedicated 'pleasure fund' transforms the approach to budgeting.

Cutting back on non-essentials can lead to significant savings and a more mindful approach to spending.