Hitting the Road: In Practice
In the scenario you’ll find written below, you will get to see an example of a working professional who – in their own job – managed to successfully get help to plan a top-notch course and successfully convince their team to embrace the benefits of financial wellness programs.
Álvaro is an event coordinator for non-profit organization in Boston, where he’s managed to climb the ladder in less than 2 years. Nowadays, however, he oversees 16 college-aged support staff team members – which ended up being an extremely fulfilling professional experience for him. After a number of his team members had – on several occasions – come up to him in his office with personal finance-related questions, he began to think about something. Could he organize a financial wellness program that could help them all? But how would he convince them of the benefits of financial wellness programs? He knew all about personal finance as a topic, and he knew the members of the group quite well, but knew that he would need some help to pull this off.
After going around and doing an informal survey with a number of the members of his group, Álvaro quickly realized that most of them had almost zero knowledge when it came to healthy money management concepts. Many of them probably had no idea what would be the answer to the question: what is a financial wellness program?
Objectives: Benefits of financial wellness programs
Álvaro had already decided on his goal for the near-term when it came to this group: he wanted give this team a solid level of understanding on money management principles so that they would then be able to apply it to their own lives outside of work. Thanks to the severely limited free time and unforgiving class schedules that these individuals had every week, he was willing to just develop a course that could be broken down into 1-hour pieces. For this reason, doing a condensed program that focused on core principles would have to be his strategy.
With this particular financial wellness program that he planned to offer, his eventual goal was for everyone to reach the “Applying” level of understanding by the completion of the course.