While most of us learned to read in kindergarten, the concept of financial literacy is a skill that is not commonly addressed in any layer of education. According to recent research from Zippia, only 57% of American adults are financially literate. This means so many of us are not armed with the right financial information we need to live our best life – and importantly, stay out of debt.

Navigating the workforce without the right financial skills can be complex. Research conducted by Bank of America found that employees look for support from their employers: 76% of employees and 96% of employers agree that employers are responsible for employee financial wellness. The same research finds that only two in five employers currently offer financial wellness programs. This presents an opportunity for employers to step up and help fill this much-needed gap. From free financial coaching to 401(k) programs, to earned wage access, employer-sponsored financial wellness benefits have never been more relevant.