{"id":9051,"date":"2021-10-14T08:23:01","date_gmt":"2021-10-14T13:23:01","guid":{"rendered":"https:\/\/rixtrema.com\/blog\/?p=9051"},"modified":"2021-10-28T08:55:14","modified_gmt":"2021-10-28T13:55:14","slug":"the-rise-of-financial-wellness-apps","status":"publish","type":"post","link":"https:\/\/rixtrema.com\/blog\/the-rise-of-financial-wellness-apps\/","title":{"rendered":"The Rise Of Financial Wellness Apps"},"content":{"rendered":"\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"#h-what-is-financial-wellness\"><strong>What is Financial Wellness?<\/strong><\/a><\/li><li><a href=\"#h-who-is-responsible-employer-vs-employee\"><strong>Who is Responsible? Employer vs Employee<\/strong><\/a><\/li><li><a href=\"#h-what-are-companies-doing-about-it\"><strong>What Are Companies Doing About it?<\/strong><\/a><\/li><li><a href=\"#h-what-tech-is-currently-out-there\"><strong>What Tech is Currently Out There<\/strong><\/a><\/li><li><strong><a href=\"#h-rixtrema-portfolio-crash-test\">Rixtrema Portfolio Crash Test<\/a><\/strong><\/li><\/ul>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"has-white-color has-text-color has-background wp-block-heading\" id=\"h-what-is-financial-wellness\" style=\"background-color:#eace50\"><strong>What is Financial Wellness?<\/strong><\/h2>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Financial wellness is not necessarily related to being wealthy or even rich. It is about being on top of your finances and moving towards your financial goals. It requires being financially literate and having good control of your expenses. If you are constantly stressed about money, in debt, unable to afford emergency costs, these are all signs you are in poor financial health. Financial wellness also refers to the efforts by employers, banks and the finance industry, as a whole, to encourage people to have a better handle on their finances and to see the benefits of financial literacy..<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"has-white-color has-text-color has-background wp-block-heading\" id=\"h-who-is-responsible-employer-vs-employee\" style=\"background-color:#eace50\"><strong>Who is Responsible? Employer vs Employee<\/strong><\/h2>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Both parties are of course responsible to varying degrees. An employer needs to provide the education, ideally sponsor a retirement plan and make themselves personally available to discuss financial issues with their workers. However, financial wellness is ultimately the responsibility of the employee; who needs to be proactive about their own financial wellness.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"has-white-color has-text-color has-background wp-block-heading\" id=\"h-what-are-companies-doing-about-it\" style=\"background-color:#eace50\"><strong>What Are Companies Doing About it?<\/strong><\/h2>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>They are creating lots of apps to tackle gaps in financial literacy and personal money management. The technology is intended to make education convenient and for money management to become second nature for employees.<\/p>\n<p>&nbsp;<\/p>\n<p>As well as featuring learning materials on personal finance the apps can also assess someone\u2019s mood, their relationship towards money and offer pointers on how they could budget better or even control certain spending habits.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"has-white-color has-text-color has-background wp-block-heading\" id=\"h-what-tech-is-currently-out-there\" style=\"background-color:#eace50\"><strong>What Tech is Currently Out There<\/strong><\/h2>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>A wide range of companies have got on board to promote better financial wellness including, <u><a href=\"https:\/\/www.plansponsor.com\/metlife-releases-mobile-app-financial-wellness\/\">MetLife<\/a><\/u>, <u><a href=\"https:\/\/www.gobankingrates.com\/reviews\/mint\/\">MINT<\/a><\/u><strong>, <\/strong><u><a href=\"https:\/\/www.businessinsider.com\/personal-finance\/best-budgeting-apps\">TRIM, ZETA<\/a><\/u>&#8211; the list goes on. Some are free, others charge; the wide range of options means you can find an app that suits you, whether you are budgeting as an individual or a household. If you fear spreadsheets and more formal ways of dealing with your finances-a financial wellness app might be for you.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"has-white-color has-text-color has-background wp-block-heading\" id=\"h-rixtrema-portfolio-crash-test\" style=\"background-color:#eace50\"><strong>Rixtrema Portfolio Crash Test<\/strong><\/h2>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>To help your clients get on a solid financial footing and prosper, check out our Portfolio crash testing, it allows you to stress test any portfolio or build one, either for your client or even yourself.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/rixtrema.com\/landings_pctpro?source=14102021\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"256\" src=\"https:\/\/rixtrema.com\/blog\/wp-content\/uploads\/2021\/04\/banner-PCT-min.jpg\" alt=\"\" class=\"wp-image-7800\" srcset=\"https:\/\/rixtrema.com\/blog\/wp-content\/uploads\/2021\/04\/banner-PCT-min.jpg 700w, https:\/\/rixtrema.com\/blog\/wp-content\/uploads\/2021\/04\/banner-PCT-min-300x110.jpg 300w, https:\/\/rixtrema.com\/blog\/wp-content\/uploads\/2021\/04\/banner-PCT-min-500x183.jpg 500w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Financial wellness is not necessarily related to being wealthy or even rich. It is about being on top of your finances and moving towards your financial goals. It requires being financially literate and having good control of your expenses.<\/p>\n","protected":false},"author":27,"featured_media":9396,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2166],"tags":[7,321,25],"class_list":["post-9051","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-wellness","tag-financial-advisor","tag-portfolio-crash-test-pro","tag-portfolio-stress-testing"],"jetpack_featured_media_url":"https:\/\/rixtrema.com\/blog\/wp-content\/uploads\/2021\/10\/4-min-scaled.jpg","yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v15.9.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Rise Of Financial Wellness Apps<\/title>\n<link rel=\"canonical\" href=\"https:\/\/rixtrema.com\/blog\/the-rise-of-financial-wellness-apps\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Rise Of Financial Wellness Apps\" \/>\n<meta property=\"og:description\" content=\"Financial wellness is not necessarily related to being wealthy or even rich. It is about being on top of your finances and moving towards your financial goals. It requires being financially literate and having good control of your expenses.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/rixtrema.com\/blog\/the-rise-of-financial-wellness-apps\/\" \/>\n<meta property=\"og:site_name\" content=\"RiXtrema.com\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/LarkspurRiXtrema\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-14T13:23:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-28T13:55:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rixtrema.com\/blog\/wp-content\/uploads\/2021\/10\/4-min-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1463\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@RiXtrema\" \/>\n<meta name=\"twitter:site\" content=\"@RiXtrema\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data1\" content=\"2 minutes\">\n<!-- \/ Yoast SEO Premium plugin. -->","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/rixtrema.com\/blog\/wp-json\/wp\/v2\/posts\/9051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rixtrema.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rixtrema.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rixtrema.com\/blog\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/rixtrema.com\/blog\/wp-json\/wp\/v2\/comments?post=9051"}],"version-history":[{"count":3,"href":"https:\/\/rixtrema.com\/blog\/wp-json\/wp\/v2\/posts\/9051\/revisions"}],"predecessor-version":[{"id":9397,"href":"https:\/\/rixtrema.com\/blog\/wp-json\/wp\/v2\/posts\/9051\/revisions\/9397"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rixtrema.com\/blog\/wp-json\/wp\/v2\/media\/9396"}],"wp:attachment":[{"href":"https:\/\/rixtrema.com\/blog\/wp-json\/wp\/v2\/media?parent=9051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rixtrema.com\/blog\/wp-json\/wp\/v2\/categories?post=9051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rixtrema.com\/blog\/wp-json\/wp\/v2\/tags?post=9051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}