Dealing with debt and the rising cost-of-living can be overwhelming in any financial situation. Check out this month’s Financial Wellbeing Program modules for strategies and practical tips on dealing with these challenges.
Debt Snowball vs. Debt Avalanche: Choosing the Right Strategy for Debt Repayment
This program explores both methods of debt repayment: Debt snowball and debt avalanche. Check out how they work, and the advantages and disadvantages of each. Using the right strategy for your debt repayments could help you regain control of your finances.
Coping with Cost-of-Living Pressures: 8 Practical Tips for Financial Wellbeing
This program lists some actions you can take to cope with cost-of-living pressures and build a solid foundation for managing money, budgeting, spending, saving, and dealing with debt issues.
About the Financial Wellbeing Program
All our employees have free access to the Financial Wellbeing Program to support your wellbeing and learning.
Whether you’re just starting to think about your finances or are looking for ways to improve your money management skills, this month’s program is a great way to refresh your outlook.
The program offers bite-sized education modules covering everything from budgeting on payday to securing your future for retirement. Learn at your own pace and optimise your learning by undertaking the modules that best meet your needs.
To discover more topics and modules, visit the direct access link to the Financial Wellbeing program hosted by Money101 here.
Additional wellbeing support
If you are seeking more support about your financial circumstances, talk to a qualified counsellor from our Employee Assistance Program (EAP). Facilitated independently by Converge International, the EAP aims to assist you in meeting any challenges or demands you may be facing in your work or personal life. The program has a Money Assist service stream where you can seek coaching and counselling for your money-related concerns.
For short-term counselling and coaching, book a consultation here or call 1300 687 327 for immediate support:
You can find more details of our Financial Wellbeing Program, EAP and employee wellbeing programs here.
Disclaimer
This article and the Financial Wellbeing Program by Money101 do not aim to provide personal financial advice. The Program is designed to provide you with financial education to enable you to make better financial decisions.
Approved by Chris McLoughlin, Executive Director, People and Culture