Financial well-being is defined as having financial security and freedom of choice with your finances, both now and in the future. Specifically, financial well-being is when you:
- Have control over your day-to-day and month-to-month finances;
- Have the capacity to absorb a financial setback;
- Are on track to meet your financial goals; and
- Have the financial freedom to make the choices that allow you to enjoy life.
The Consumer Financial Protection Bureau (CFPB) developed a questionnaire and scoring tool to help you measure your current financial well-being and determine what steps are needed to improve your financial situation. Consider completing the questionnaire and scoring tool today, or anytime you want to assess your financial security.
Your Employee Assistance Program is here to help!
Your EAP provides you and your family members with financial consultation on a wide variety of topics. You can talk to a financial expert about retirement planning, taxes, relocation, mortgages, insurance, budgeting, debt, bankruptcy, and more.
Help is available 24 hours a day, 7 days a week. Contact your Component EAP for more information on their legal support services. All services can be accessed without leaving your home. For more information please contact us at firstname.lastname@example.org.