Yesterday I wrote about medical debt that was in collections due in part to not being able to cover the deductible (dot 3867). You may think this occurs only for a few patients, but FDIC reports that 32% of Americans would struggle to cover a $400 out-of-pocket emergency!
Based on this information, our local credit union is conducting a “Be Well” campaign, urging its customers to be financially well by setting aside funds to cover unexpected expenses. They report that 41% of its members have at least $400 in savings — better than the national average but still dismal.
What are you doing to enhance the well-being of those you serve? The credit union has taken a broad view of wellness and has appropriately focused on fiscal health. Recently, attention has been paid to employee wellness but it can go beyond those who work for you to tending to your customers or those you impact. Consider what aspect of holistic wellness aligns with your mission — spiritual soundness, mental health, physical fitness, emotional balance, social support, or cultural well-being — and prioritize attention in this area. Everyone benefits when everyone is well.
