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It’s proven that financial wellness affects mental wellness. Safety and security are at stake in both areas, so it’s no surprise one influences the other.
The impact on mental wellness is strongest when financial pressure is highest. *48% of Gen Z find it has an extreme impact.
Impact of financial wellness on mental wellness
| Extreme | 26% |
|---|---|
| Large | 39% |
| Moderate | 20% |
| Slight | 7% |
| None | 8% |
Poor mental health decreases motivation and focus at work.
When mental wellness takes a toll, the ability to complete tasks decreases. And in turn, more resources from the company are needed to recover, negatively affecting finances.
Impact of mental wellness on financial wellness
| Extreme | 18% |
|---|---|
| Large | 26% |
| Moderate | 21% |
| Slight | 15% |
| None | 20% |