Course
Financial Wellbeing
Achieving financial wellbeing is a fundamental aspect of leading a fulfilled and balanced life. This virtual reality Financial Wellbeing workshop is designed to equip individuals with essential knowledge and skills to take control of their financial health and build a solid foundation for long-term financial success. Participants will gain a comprehensive understanding of personal finance, learn effective strategies for budgeting, saving, and investing, and develop the confidence to make informed financial decisions. By mastering financial wellbeing, individuals can alleviate financial stress, establish financial security, and pave the way for a brighter future.
Who will Benefit from this Course?
- Individuals seeking to enhance their financial literacy and gain practical skills for managing personal finances effectively.
- Employees aiming to improve their financial wellbeing and make informed financial decisions.
- Young professionals embarking on their careers and wanting to establish a strong financial foundation.
- Individuals preparing for major life events, such as homeownership, retirement, or starting a family.
Learning Outcomes
By the end of this empowering 90-minute virtual reality workshop, participants will be able to:
- Understand the relationship between financial wellbeing and overall wellbeing, and how taking control of one's finances can enhance happiness and reduce anxiety.
- Explore and comprehend the five key pillars of financial wellbeing: daily finances, financial shocks, clarity and security for dependents, financial options in life, and creating a clear path to identifiable objectives.
- Gain the necessary knowledge and skills to take control of their daily finances, effectively managing income, expenses, and budgeting to achieve financial stability.
- Develop the ability to cope with financial shocks and unexpected events, such as emergencies or economic downturns, by learning strategies for building an emergency fund and managing debt effectively.
- Recognise the importance of providing clarity and security for dependents and loved ones through proper financial planning, including insurance coverage and estate planning.
- Explore various financial options and understand how to make informed decisions when it comes to investing, saving for retirement, and making major financial commitments.
- Create their own personalised financial plan, including setting clear objectives and identifying actionable steps to achieve them.
- Gain practical insights on executing their financial plan, including tracking progress, adjusting strategies as needed, and seeking professional advice when necessary.
Business Impact of Mastering Financial Wellbeing
- Reduced financial stress among employees, leading to improved focus, productivity, and job satisfaction.
- Enhanced financial literacy and decision-making skills, contributing to better financial choices both personally and professionally.
- Increased employee engagement and loyalty, as financial security positively impacts overall well-being and job satisfaction.
- Empowered employees who can confidently manage their finances, resulting in reduced financial distractions and increased focus on work responsibilities.
- Cultivation of a financially literate and responsible workforce, contributing to a positive and financially healthy work culture.
