Why Financial Education?

thegoodlife Financial Education Company offers unbiased financial education
that is comprehensive, personalized and ongoing. Our focus is to serve our clients’
financial education needs, not to market or solicit financial or insurance products.

A study by Virginia Polytechnic Institute and State University concluded that financial education
can significantly increase both employee morale and pay satisfaction. At a few dollar per month,
financial education is much less expensive than salary raises and is an alternative more companies
should consider. The Virginia Tech study determined that the most successful financial education
programs met the following criteria:

Comprehensive: Single workshops had limited success. When workshops were conducted in
a series and coupled with personalized financial consultations, the success rate was much higher.

Personalized: Employees who received personalized support fared better than those who did not.

Ongoing: The effects of education do diminish over time as people revert to bad habits and
tendencies that aren’t in their best interests. Studies have shown that people need to hear
information seven times before they act upon it, and this is only for one piece of information.