Speeding up Debt Payoff: Sharrica's LearnLux story

Sharrica expedites the debt payoff timeline by more than four months with the help of LearnLux tools and guidance.
“After going through LearnLux and figuring out my budget, and putting in my debts, I was amazed to see how much more, financially, that I am able to do” - Sharrica S., Personal Banker

For HR & benefits leaders, Sharrica's story highlights the importance of having a trusted financial wellbeing program with a budgeting tool to pay-off debt.

Upon joining the LearnLux program, Sharrica uses the budgeting tool to properly track her monthly spend. After seeing how much is still owed in student loans, Sharrica creates and executes upon a plan to pay them off four months faster than she previously thought possible.

Sharrica's Financial Wellness Story

“As a new employee at the bank that I work with, it has been amazing even in this short amount of time to have learned the [benefits] that the company offers. LearnLux is a great program!

I used to always think that I was pretty on top of things and able to figure out budgeting alone. But, after going through LearnLux and figuring out my budget, and putting in my debts, I was amazed to see how much more, financially, that I am able to do.

Now I am working on paying off school debt. With the plan that I put together using LearnLux, I will speed up the timeline on paying that off by at least 4 months; Going from not having it paid off till next year to making the changes and it being this year is great. I really love LearnLux and this was a huge addition to me already having the great job that I do.”

Thank you to Sharrica for sharing this 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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