Unlocking Well-being: The Impact of Financial Literacy on Health | MSA

Financial stress affects more than household budgets. It can influence employee health, workplace productivity, engagement, and overall well-being.

Employers increasingly recognize the connection between Financial Well-being and employee outcomes, yet many struggle to understand the true impact financial stress may be having on their workforce.

This research-based eBook explores the relationship between financial literacy, financial stress, and employee health, drawing on employee survey data and measurable outcomes from individuals who engaged with personalized financial coaching and educational guidance.

Why This Matters to Employers

Financial stress is often viewed as a personal issue, but research continues to demonstrate its impact in the workplace.

Employees experiencing financial stress may face challenges related to:

• Physical and emotional well-being
• Workplace focus and productivity
• Employee engagement
• Benefit utilization
• Confidence in financial decision-making

Understanding these connections can help employers evaluate opportunities to support employees while strengthening workforce outcomes.

"With growing stress and health concerns, employees can't navigate personal finance issues alone any longer."

Financial problems remain one of the leading sources of stress across generations and demographics. These challenges are often compounded by the stigma surrounding money concerns, causing employees to feel embarrassed, isolated, and less likely to seek help.

When employees struggle in silence, stress levels can increase, and negative health impacts may follow.

Our analysis reveals a clear connection between personal finance issues and health concerns. The findings suggest that highly personalized Financial Well-being programs, such as MSA's, may help drive meaningful behavior change and measurable outcomes.

Research Highlights

Our analysis found that employees who engaged with personalized Money Coaching and educational guidance experienced:

• A 43% improvement in negative health impacts
• Increased confidence managing financial challenges
• Greater ability to build lasting financial habits
• Improved understanding of financial concepts and available resources
• Better preparedness to address future financial decisions

With MSA, employees can create strategies and develop skills that directly address financial challenges, build healthier financial habits, and improve confidence over time.

What You'll Learn

Inside this eBook, you'll discover:

• Insights from surveyed employees showing the connection between financial stress and health concerns
• How productivity, engagement, and satisfaction can be affected by financial stress
• Why personalized financial coaching may help improve employee confidence and well-being
• How meaningful transformation can begin shortly after employees engage with a Money Coach
• Measurable outcomes observed among employees who consistently use MSA's solution
• Practical insights employers can consider when evaluating Financial Well-being initiatives

...and much more.

"[My Money Coach] was amazing. She was friendly, relatable, informative, and understanding. She really listened to my needs and answered my questions without judgment. Starting my financial literacy journey was made easier with her genuine and helpful conversation and resources. I was scared to face my financial struggles, but after my session, I'm looking forward to tackling it one day at a time. Cheers to a new start."

 

– MSA Member

Download the eBook

Explore the relationship between financial literacy, financial stress, employee health, and workplace outcomes.

Download the full report to discover research findings, employee insights, and measurable outcomes from personalized Money Coaching and educational guidance.