THE Lighthouse Construction Industry Charity has upgraded its free app to include nudge, in response to feedback from the sector.
The charity, which provides emotional and financial support to construction workers, said that the new feature provides personalised and unbiased financial education alongside the existing mental wellbeing content.
The system provides timely prompts (nudges) to take action and the tools look to help people manage their money. The Lighthouse said that nudge will help people to understand and manage their money more effectively, boost their financial wellbeing and in turn their overall wellbeing.
It added that over 50% of the construction workforce is either self-employed, agency workers on zero hour contracts, so when things go wrong financially, issues can ‘quickly spiral out of control’.
The new feature offers:
- nudges: When there’s something people need to know, or a financial action they ought to take, users are sent a personal, timely nudge to remind them.
- Education: Bite size personalised content – boosts financial knowledge, skills and confidence.
- Tools: Money management tools help with tasks such as budgeting or saving for goals easier.
Bill Hill, CEO of the Lighthouse Construction Industry Charity said, “With financial stress at an all time high, it’s vital to address money worries quickly. By making all of our proactive and reactive wellbeing support services free, we hope to remove any barriers to access so that our construction workers get the help they need quickly. By doing this we move one step closer to our mission ‘that no construction worker or their family is alone in a crisis’.
Tim Perkins of nudge added, “We are delighted to be supporting the Lighthouse Construction Industry Charity with this initiative. Our mission is to create brighter financial futures by providing people with unbiased and personalised support to develop their financial skills and knowledge. We look forward to helping to make a difference to those in need in the construction industry at this particularly difficult time.”
The free Construction Industry Helpline mobile App for Android and iOS is available to download now.