Employees often do not have time or access to resources where they can learn important information related to their financial health. Better saving habits and financial literacy help citizens become more self-sufficient and has positive effects on the community through economic growth and higher educational attainment.
St. Louis Treasurer Tishaura Jones has initiated a Financial Wellness program for city employees by partnering with different financial institutions who deliver monthly financial workshops over lunch. Financial institutions are able to reach a broader audience and they can report their trainings as charitable activities. And employees get the information they need to improve their financial management and saving habits.