Creating an empowering budget: Jacob's LearnLux story

Jacob always had trouble tracking what he and his family were spending month-over-month...until he created a budget with LearnLux. After seeing his expenses, he cut back on plenty of unnecessary items and now feels financially empowered.
"What LearnLux has helped me do is kind of learn to create my own budget, and just be able to track what's coming in and what's going out monthly, or even weekly over the past few months." - Jacob, LearnLux member

For HR & benefits leaders, Jacob's story highlights the benefits financial wellbeing program members can reap if they're provided a budgeting too.

Though he always had issues tracking his family's spend, upon signing up for LearnLux, Jacob uses the budgeting tool to properly track their monthly spend. After seeing he many unnecessary expenses he was partaking in, he cut back, vastly improving his financial wellness.

Let's cheer on Jacob to continue making strides!

Jacob's Financial Wellness Story

Over the past few months, I've been struggling financially, just trying to match what I'm spending with how much I'm making on a month-to-month basis. What LearnLux has helped me do is kind of learn to create my own budget, and just be able to track what's coming in and what's going out monthly, or even weekly over the past few months.

So I've kind of just started gathering more and more bills as my wife is pregnant, and she's not able to work full-time, and we have a toddler. So, I've just been trying to manage paying school bills [and] paying all of our house bills, in addition to some other bills that we've received.

[LearnLux has] shown me how to create my own budget. I took that and saw what I'm spending monthly, or even weekly in some scenarios, including seeing some subscription services that I'm not using or not utilizing as much as maybe I could. I've [since] decided to cancel those, and it helped me really put things into perspective. Like, I'm spending a lot and entertainment maybe, and I need to slow that down. And so I've done that and I'm at a point now where I'm not losing as much money per month and we're in a much better financial position.

Thank you, LearnLux, for showing me how to do that.

Thank you to Jacob for sharing his story!

About LearnLux

LearnLux is the leading provider of employee financial wellness that blends fiduciary digital planning with access to one-on-one guidance from Certified Financial Planner™ professionals. LearnLux's award-winning program equips employees with a financial plan to guide them through decision points like budgeting, paying down debt, electing benefits, understanding equity compensation, starting a family, buying a home, saving for retirement, and more.

Advanced reporting keeps our partners in the know, and drives results like reduction in financial stress, increased productivity, reduced employee turnover, greater use of pretax products, on-time retirement, and healthcare savings. Our holistic financial wellness benefit helps employees feel great about their money, allowing their work and wellbeing to thrive.

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