The start of a New Year always gets us thinking about ways to improve ourselves or break our bad habits from previous years.  This year, CCT will be focusing on helping employees improve their personal financial lives through financial wellness classes.

Why is this important?

First and foremost, it’s because our employees are important to us.

Let’s look at some sobering statistics that might hit home to many of us.  From Forbes magazine, May 15, 2017:

Most Americans are seriously anxious about their finances. It’s not simply the raw fear of outliving their money, but a more urgent yearning to sleep at night without money stresses and to have a sense of financial security…  Employers have an opportunity to step in and offer much-needed guidance… they should be helping workers with far more than where to put their retirement contributions. Many workers are desperate for help navigating day-to-day money issues like debt and building emergency funds.  

As Clint Key, research officer at The Pew Charitable Trusts said, “the overwhelming majority of people are mostly seeking financial stability for their families, not economic mobility. All it takes is one financial shock — like a car breaking down or an unexpected illness — to destabilize a household,” Key said. “Four in ten households don’t have resources — in terms of savings or credit or even within their social networks — to help them pay a $2,000 expense,” he noted.

That is some serious news.  And for these reasons and more, CCT will be offering Dave Ramsey’s Financial Peace classes to interested employees and their spouses or partners for free in 2018.

Financial Peace University (FPU) is a nine-lesson class on money management taught by America’s most trusted financial guru, Dave Ramsey. Dave and his teaching team will walk through the basics of budgeting, dumping debt, planning for the future and much more.

We can’t wait to get started helping our employees change their lives!