The Importance of Financial Wellness in the New Year
As we embark on a new year, many of our resolutions focus on improving our physical health. However, it’s crucial not to overlook our financial wellness. According to a recent study by the FINRA Investor Education Foundation, 60% of Americans feel anxious about their finances. To gain a better understanding of this issue, we conducted an informal survey among employees in Prudential’s Individual Life Insurance business. The results were not surprising, with just 25% expressing confidence in their finances for the new year. Budgeting was identified as the top priority for improving financial well-being in 2024.
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