Health and Financial Fitness Assessment
Reasons to take a health and financial fitness assessment:
- Your health and financial fitness have a big impact on your job performance.
- Financial stress results in poor health such as increasing your blood pressure.
- Poor health may prevent you from achieving your financial goals.
- Making a commitment to take an annual financial and health assessment is helpful because most of us would otherwise avoid this important task.
- Health and financial assessments are useful because they tell us what are the main things that determine our fitness.
- An assessment is a starting point for improving and tracking our financial and health fitness.
- Select a calendar day you will not forget, such as the day after a birthday, or at the beginning of the year.
- Check to see whether your employer provides assistance for taking these assessments.
- Assessment can take time and often need specific information. Collect the necessary information prior to completing the assessment. For example, a health assessment may ask for your cholesterol levels. You may have to get an appointment with your physician if you do not have this information.
- Similarly, a financial fitness assessment may require you to provide information on your savings and investments. Collect the necessary information prior to completing the assessment. You may have to get an appointment with your financial institution and/or a financial advisor if you do not have this information.
- Improvements in health and financial fitness may be achieved with assistance from your employer. Check to see what benefits are available for your needs. For example, you may be eligible for a smoking cessation assistance programs. Similarly, your employer may offer financial assistance tools, such as seminars.
The Employee Financial Fitness Quiz uses a social marketing approach to overcome typical barriers that prevent people from taking a financial literacy assessment or using financial literacy feedback. It covers five important areas:
- Smart Spending
- Buying More With Less
- Do What You Want Earlier
- Get More From Work
- Protect Yourself and Your Stuff
Click here to take the quiz now.
About the Financial Literacy Center
The FLC's mission is to develop and test innovative programs to improve financial literacy and promote informed financial decisionmaking.
With support from the Social Security Administration, the Center was established in October 2009 by the RAND Corporation, Dartmouth College, and the Wharton School of the University of Pennsylvania in order to develop educational tools and programs that help individuals prepare for their long term financial stability.
About the Program
Presented by the Financial Literacy Center, a joint center established by the RAND Corporation, Dartmouth College, and the Wharton School of the University of Pennsylvania in order to develop educational tools and programs that help individuals prepare for their long-term financial stability.
Hopes for Retirement
The Dartmouth Project
Increasing employee participation in retirement plans has always been a challenge.
However, researchers at Dartmouth College, through a grant provided by the National Endowment for Financial Education, show that specific low-cost strategies succeed in boosting employee participation rates.
