Nivati Adds Financial Wellness Tools to Its Mental Health Platform in Partnership with Savology
The partnership will provide financial resources to Nivati platform users
Nivati, the leading mental health platform for employees, is excited to announce a strategic partnership with Savology to bring financial wellness resources to their clients. This will be Nivati’s ninth tool designed to support employee mental health, adding to their existing tools of Virtual Therapy, Meditation, Yoga, Fitness, Massage, Life Coaching, Sleep, and Nutrition content.
Savology, based in Orem, Utah, provides digital financial planning benefits to employees. Their holistic approach to financial wellness dovetails well with Nivati’s approach to mental health for the whole employee.
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Amelia Wilcox, Founder and CEO at Nivati, stated: “An astounding 46% of people with debt also have a mental health condition. With 77% of Americans in debt, that is a lot of people who need help and the main reason we need to address financial well-being in our mental health platform.”
Savology has found that households with a financial plan are 2.5x more likely to save enough for retirement. In turn, approximately 83% start feeling better about their finances within one year, improving mental health throughout their lives.
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With this addition, employees in the United States will have access to financial coaching sessions and financial literacy videos within the Nivati platform, along with Savology’s digital financial plans, report cards, and financial tools.
“Personal finances play a critical role in holistic well-being,” said Spencer Barclay, CEO and Founder at Savology. “We are thrilled to partner with Nivati to provide a unique employee wellness solution to reduce financial stress and improve financial outcomes.”
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