Calling it the solution to a problem that costs businesses and their employees billions of dollars a year, EAP Consultants, LLC, Marietta, GA, has become the first employee assistance program (EAP) provider in the U.S. to ally with Dave Ramsey and Ramsey Solutions to offer SmartDollar, a step-by-step financial wellness program for handing money. The program will be available to the employees of EAP Consultants’ corporate and governmental agency customers.
“Concerns about money are frequently the reason employees contact their EAP for assistance, even if they’re not always the stated reason,” said Rick Taweel, President and CEO, EAP Consultants. “Financial problems often underlie the real problem that creates or exacerbates personal stress, contributing to marital discord, divorce or even domestic violence, as well as the emotional well-being of our children. Some 70% of Americans live paycheck-to-paycheck and 64% don’t have $1,000 available to cover an emergency.”
Ramsey developed SmartDollar to teach employees and 401(k) participants sound financial principles, like saving, spending wisely, and eliminating debt.
SmartDollar is an online program that can be accessed at the office or at home with a spouse. Participants track their progress as they move through the short video lessons and tools. Videos last 10 to 20 minutes, and each module includes questions and action items, such as creating and tracking a budget. Participants have access to all portions of SmartDollar on their mobile devices.
For more information, check out: