Corporate Financial Wellness Programs Gain Traction |

Category: Basic Money Management
Published: Friday, 06 March 2015
Written by Admin

Workplace wellness isnt just about your physical fitness anymore. Many employers have broadened the concept beyond health care to include programs that help workers get their finances in shape.

I think financial wellness is becoming more than a buzzword, says Bob Harris, director of financial wellness at Waddell amp; Reed, a Kansas City, Kansas-based asset management and financial planning firm that customizes financial wellness programs for clients in a wide range of industries. Its something that most employers are considering as an important part of their overall wellness program.

Often these programs are offshoots of the planning assistance that employers provide to participants in a 401(k) or other retirement savings plan. But now employers are broadening the scope of these programs. In a recent Aon Hewitt survey of more than 400 US employers, three-quarters of respondents said they were likely to expand employee benefits focused on promoting financial well-being beyond retirement decisions. Twenty-five percent said they were very likely and 36 percent said they were somewhat likely to offer employees help with budgeting and managing their money.

Programs employ different tactics

If your workplace doesnt already offer a financial wellness program, a few examples of how others are successfully implementing this benefit might help give the boss a nudge.

Financial Wellness at Work, a Consumer Financial Protection Bureau report published in August 2014, looked at the programs of five companies: Nebraska Furniture Mart, health care provider QLI, Staples, Goodwill of Central Texas and Pacific Market Research. The survey found that these employers use a variety of methods to help employees enhance their basic money management skills, reduce high-interest debt and save more for retirement. Most of the programs include some sort of initial assessment of employees needs, followed by counseling or course instruction.

Live Well With Less series scheduled

Category: Basic Money Management
Published: Sunday, 01 March 2015
Written by Admin
Live Well With Less series scheduled

Live Well With Less is an annual series of classes for the public that covers nutrition and finance. If getting healthier or getting better control of your money of interest to you, then Live Well With Less could be a perfect match. The four-week series, taught by Sarah Burkett of Virginia Cooperative Extension as well as local financial experts, will be 6 to 7:30 pm each Tuesday beginning March 10 at First United Methodist Church, 135 Fourth Street in Pulaski.

The first half of each class will deal with financial wellness. Presenters from banks and other organizations will talk about basic money management, credit use, limiting expenses and controlling bills, and how to get out of debt. Everyone present will receive handouts, and time will be reserved for discussion and questions and answers.

Next, the nutrition portion will be presented. Burkett will give participants a sample of two foods -- a normal-sodium and a low-sodium type of cracker, for example. Burkett will then take the rest of the class period to have a discussion with the class. With more than 20 years in the field of nutrition, Burkett has a vast amount of knowledge to discuss with the public. Topics of conversation include how to eat healthily according to the MyPlate model, how and why to read labels, various cooking techniques and how to live with health problems like diabetes.

Everyone is welcome. A $5 fee is requested to cover the cost of snacks, but Virginia Cooperative Extension will waive that fee if a participant has need. To sign up for or request information about Live Well With Less Pulaski, contact Mary Rupe at This email address is being protected from spambots. You need JavaScript enabled to view it. or 980-7761.

College and Career Fair for post-high school

Category: Basic Money Management
Published: Saturday, 28 February 2015
Written by Admin

Eatonville High School's 10th annual Spring College and Career Fair on March 3 will include representatives of post-high school education and career opportunities.
Scheduled for 9 to 11:30 am during the school day, the event is open to parents and will also include presentations on basic money management for juniors and seniors.
On-hand to explain education, employment and training opportunities will be representatives of:
o Four-year universities - Washington State University, Central Washington University, University of Washington (Tacoma and Seattle campuses), Evergreen State College, Western Washington University, Eastern Washington University, Eastern Oregon University, University of Idaho, Pacific Lutheran University, University of Puget Sound, Seattle Pacific University, Whitworth University, Saint Martins University, The Art Institute of Seattle, Northwest University, Cornish School of the Arts, DigiPen Institute of Technology and Gonzaga University.
o Labor organizations and employers, including Electrical Workers Union, Carpenters Union, Painters Union, Roofers Union, Pierce County Nurses Association, Pipe Fitters Union, and Eatonville Fire and Rescue.
o Air Force, Marine Corps, Navy, Army Army ROTC.
o Community and technical Colleges, including Pierce College, Tacoma Community College, Green River Community College, Clover Park Technical College, Bates Technical College, ITT Technical Institute, Gene Juarez Academy, Fashion Institute of Design and Merchandising, and Perry Technical Institute.
o Other organizations with opportunities for students, including Mt. Rainier National Park (summer jobs), Boeing and aerospace industry, Washington Business Week, Jostens, Pierce County Skills Center, Washington Youth Academy, Nisqually Stream Stewards, Eatonville Lions, Relay for Life, the College Bound Scholars Program, and Eatonville Dollars for Scholars.
More information Cathy Kerr, Eatonville High's career center coordinator, at 360-879-1230 or This email address is being protected from spambots. You need JavaScript enabled to view it..

Mett the Young Leaders: Christian J. Bonner

Category: Basic Money Management
Published: Sunday, 22 February 2015
Written by Admin

In less than a year, your role at Wells Fargo Advisors has grown dramatically. To what do you attribute the rise in your responsibilities?

I joined Wells Fargo Advisors through an accelerated cohort known as the Wealth, Brokerage, and Retirement analyst program. This 10-month program provides recent college graduates with valuable exposure and interaction with key executive leaders in each of our major lines of business. It also provides in-depth leadership training covering a wide range of topics, including business writing, presentations delivery, building upon your strengths, developing your areas of opportunity, and communicating effectively.

Since joining First Clearing Correspondent Services-which is an affiliate of Wells Fargo amp; Company, I've taken initiative whenever possible, raising my hand to engage in additional learning opportunities. I'm always willing to accept challenging assignments. By doing this, I've been able to diversify my skill set in a very short period of time. This has allowed me to advance holistically as an individual.

What are some of the most important lessons you have learned during your short tenure at Wells Fargo Advisors?

I've been engaged in a number of initiatives with a steep learning curve. In the process, I've worked with a diverse group of team members from all levels of the organization. Key learnings include building professional relationships, connecting with different "worlds," problem solving, and learning how to lead. In fact, I've come to understand that, while communication is key and collaboration is a must, diverse leadership styles and perspectives are vital for a successful organization. To me, "learnings" like these are actually rewards.  I'm honored to work for a company that's invested in employees' development, both personally and professionally.

In my role with First Clearing, it's also become apparent to me how imperative it is to give back to your community. I serve as a mentor at Vashon High School once a week, in support of the partnership that Wells Fargo Advisors has with Saint Louis Public Schools. I've always been passionate about education and lifelong learning - and I'm equally passionate about this opportunity to serve as a positive influence on high school students and help them recognize the absolute best in themselves.


What satisfaction and encouragement have you received since taking on an initiative to incorporate the 'Hands on Banking' program into the Ferguson-Florissant School District?

Hands on Banking is a program designed for individuals of all generations, from young children to seniors, to help them develop basic money-management skills. The Ferguson-Florissant School District was selected because of the significant impact that Wells Fargo could have on such district.

I feel that the students in this district are benefiting from learning about money management. This is gratifying. However I'm also very interested in helping communities in need, and as many of my supporters know, this is an opportunity to touch the lives of students living in a predominantly minority community.