Couple Sitting in the background with financial stress quote
February 2, 2023

Financial Wellbeing Programs

Author: Lou Johnson
Category: Financial Freedom

Feeling unsettled about your finances right now?

You’re not alone.

Financial stress amongst Australians has almost doubled over the last two years

Just as we thought we were emerging from Covid we were hit by skyrocketing cost of living, rising interest rates, reduced property prices and a world that feels challenging and unpredictable.

AMP’s latest financial wellness report has some sobering takeaways about how financial stress is affecting financial wellness, psychological and employee wellbeing and impacting employee performance.

  • 953k employees are severely financially distressed*
  • 2.01m employees are moderately financially distressed*
  • 21% of employees are distracted at work due to financial stress. This has almost doubled in two years.

Finding ways to mitigate this impact on employees’ wellbeing is crucial, and business critical

with financial stress affecting employee productivity at a cost to the Australian economy of over $66.8 billion a year – sharply rising at double the result in 2020*

The good news is that statistics show that financial wellness programs can make a big difference.

  • 80% of employees reported improved mental health after participating in a financial wellness program*
  • 82% of employees reported an improvement in performance*
  • Storytelling increases information retention to over 65%*

According to AMP’s wellness report, “financial education and financial products and services that are easily accessible, tailored and engaging can help Australians out of their ‘hot-state’ mentality and give them the skills, attitudes and services they need to ease the pressure.”

That’s exactly what we do at evolution media group, so we are delighted to have launched our Financial Wellbeing Programs; facilitated by our CEO, money expert Vanessa Stoykov.

If you are thinking of exploring financial wellbeing for your organisation contact us at

* AMP’s 2022 Financial Wellness Report
* AMP’s 2022 Financial Wellness Report
* AMP’s 2022 Financial Wellness Report
* CBA’s Improving the Financial Wellbeing of Australians, 2019
* AMP’s 2022 Financial Wellness Report
* SmartDollar
* Xerox
* The London School of Business

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *


  • From Kids Debit Card on Changing Conversations You Need to Have with Your Kids

    The goal of the following article is to assist parents have meaningful conversations with their children about money and financial literacy by providing them with practical guidance and useful recommendations. The author discusses goal-setting, budgeting, saving, and investing, and offers advice on how to have these discussions with people of varying ages. The essay is informative and easy to read, making it a valuable tool for parents who want to teach their children about money.

    For More Info:-

    • From admin on Changing Conversations You Need to Have with Your Kids

      Thanks for your comments!

  • From Gale Pickles on It Was the Best of Times, It Was the Worst of Times

    So enjoyed this, I will share if that’s okay with you, many of my friends will benefit from your journey.
    Many Blessings for 2023

  • From ScottViabe on Three ways to embrace change to improve your life

    Hi all! This is a good site.

  • From David Horton on How Finfluencers are teaching millennials and Gen Z about money

    And once again the regulator finds a way to stop ordinary people from getting advice by placing high costs on people who do the right thing. If a finfluencer is actually trying to scam someone, it would not be hard to operate outside Australian jurisdiction.

    • From admin on How Finfluencers are teaching millennials and Gen Z about money

      They definitely have a place. People need advice and many are working on it to be more accessible. Watch this space!

  • From Camelia on IT'S NOT TOO LATE FOR YOU

    It’s never too late to learn something new and to start all over again. Unless you’re dead, you can do it.

    • From admin on IT'S NOT TOO LATE FOR YOU

      So true

Each day I wake up excited to inspire everyday people to open up and take control of their money, regardless of their history, goals, or savings amount. About Vanessa >>


Discover a new way of seeing
life & money.

Download the first 3 chapters for free


Related Articles

Three ways to improve your money mindset

Money had fascinated me for as long as I can remember. Not necessarily the accumulation and growing of it. More, the impact it has on who we are, how we feel about ourselves and how others view us. Money and self worth are as closely linked as our...

Why 7 Minutes a Day Can Change Your Life

I have spent my career making educational content that explains concepts in financial services easier to understand and relate to. Have I succeeded? I have people who tell me their savings got them through COVID. I've had people say they got a...

3 Stories to Empower

Have you heard that new research suggests that 30 per cent of girls show...

What I Learned from The Walking Dead

Walking dead actor rick grimes

I love a good story. One that takes me to other places, that makes me laugh, cry or just relax. And it seems while I have arrived to the party pretty late, there’s one series that I can’t stop thinking about. “The Walking Dead” has...