[This article is being viewed in your Web Browser. 
To return to your newsletter, please go back to your e-mail application. Thank you.]

BBB Small Business Advice for National Financial Literacy Month

Seventy-six percent of Americans are stressed about money, according to research by the American Psychological Association, and more than two-thirds of employers say that contributed to higher health costs, employee absences and lost productivity. The President’s Advisory Council on Financial Capability recommends financial literacy education for employees to combat this growing trend.

Regardless of the kind of business you own or the financial benefits you provide, every employee should have access to financial literacy planning tips. By giving employees the tools they need to succeed in their personal finances, you are giving your business the gift of dependable employees who aren’t distracted by personal financial woes.

"Providing your employees with financial tools and counseling is the best way to ensure that your employees won’t need to miss time working due to unplanned financial stressors," notes Katherine Hutt, spokesperson for the Council of Better Business Bureaus. "By educating employees on their employee benefits, the importance of financial stability, and what to do when life throws you a financial curve ball, your employees will be able to focus on their work at hand and remain stable, reliable workers."

BBB also offers "Managing Credit - Made Simpler" for online learning. The Small Business version helps business owners manage credit and business debt, while the Consumer version offers three tracts depending on your financial situation. BBB has also partnered with FINRA Investor Education Foundation to provide assistance to consumers on investment issues and avoiding investment scams.