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April is Financial Literacy Month. As the COVID-19 pandemic continues to impact our lives, many Americans are facing issues they couldn't have imagined mere months ago. What began as a public health threat quickly transformed into something much larger, not only impacting our physical well-being, but also our financial well-being. The pandemic really shined a spotlight on the financial insecurity of many American's.
According to Willis Towers Watson's 2020 Global Benefits Attitudes Survey, as many as one in four employees say their financial situations have deteriorated because of the pandemic. Too many American's were left ill-prepared for the financial shocks the pandemic caused, whether that was having inadequate emergency savings to cover things like losing a job or unexpected medical expenses.
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