financial education

The Wealth of Wellbeing: A Behavioural Science Perspective

When we think about wellbeing, we often think about our health, including our mental state. Research has found that good financial health has a huge influence on improving overall wellbeing, while poor financial health is linked to stress, depression and lack of productivity. People in receipt of financial education often report feeling more confident, more in control of personal finances and exhibit better financial behaviours. Good finances have an added positive impact on the wider community and generations to come.

Why Financial Education Needs a Primer in Behavioral Science

Many people are struggling financially. Figures from the Money Advice Service and DWP show that half of people say that they are worried about their finances, four in 10 people say that they could not easily cover an unexpected bill of £300, and 40% working age people in the UK face inadequate incomes in retirement. [...]

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