A workplace savings platform empowering teams to collectively save while leveraging data to optimize financial wellness initiatives for maximum impact.
.@Delta has made it easier for eligible employees to earn and access $1,000 in rainy-day savings and streamlined the financial education experience of a program launched earlier this year.
https://t.co/z6zfsZgCDN
This is exactly the reason why weโre building a group savings platform for employees to team up and tackle financial challenges with their coworkers
Learn more https://t.co/3YC39SqH3k
36% of ๐บ๐ธ American respondents say they have more credit card debt than emergency savings, up from 22% a year ago, according to a Bankrate survey.
@unusual_whales Shouldnโt this number be way higher when you factor in home, car, student loans and the fact that 65% are living paycheck to paycheck?
Technology has drastically improved financial literacy.
It's made us understand how stocks, bonds, and cryptocurrencies work.
But the real lessons come in understanding financial psychology, and how it shapes our behaviours and decisions.
Scary Financial Statistics ๐ฐ
1. 61% of Americans donโt have enough Savings to cover a $1,000 emergency
2. 40% of Student Loan Borrowers are expected to default on payments in 2023
3. 43% of Americans have been carrying Credit Card Debt for over Two Years
4. 33% of American Adults have $0 Saved for Retirement
Do NOT be one of these Statistics ๐จ
Shared Emergency Savings Fund ๐ง
Coworkers Savings Account ๐ฌ
Coworker Emergency Savings Fund ๐ฎโ๐จ
Workplace Wellness Account ๐ค
Which one is Cooler? ๐
Cooler is shared savings, shared investing and shared wellness.
To build a better workplace culture, you have to bring people together to reach a common goal.
We do that with employee financial health. This leads to better culture, productivity and a better company.
@Jason@anothercohen Venture capital is the driver. I donโt believe founders are building to scam people. However, when firms are giving away millions like candy for bad ideas, bad actors tend to follow and want a piece.
Did you know your company can create a Corporate Social Responsibility or wellness program around the Employee Assistance Fund? A budget can be set aside or your employees can donate through the workplace giving program. Let's make a difference! https://t.co/KH06nb5abj
Very important, especially today to make sure your employees have financial stability, the #1 cause for declining productivity, absenteeism and high turnover. Wealth relates to health.