There are consequences for living from paycheck to paycheck. Emergencies arise when a person has no reserves to meet the crisis. Student loan debt can appear, and those monthly payments are required. An individual can get out of trouble if he or she knows what to do. Young employees lived…
There is a lot of positive chatter about student debt loan forgiveness these days. Some are predicting as much as $50,000 per student and everyone is eagerly awaiting more news. We hope things happen that will benefit students; they deserve a break! However, we remain a little skeptical. Politicians often…
It is a brand-new year, and everyone has a resolution or two on their bucket list. Some of these goals are short term and will be completed by February. Others are intended to last for months, if not years. Those can be life-changing events. A significant resolution is taking control…
January is the start of a new year and a new tomorrow for many. Resolutions are made with every intention of being met. Some of these good thoughts can use a little help from experienced professionals. Financial Wellness Is Pondered Folks often take stock of their finances as…
COVID-19 has caused big changes in the academic world. Football games are canceled and classes on Zoom are more frequent. Campuses are going virtual, but something has not changed: tuition. Students are required to pay for their classes and may take out major loans to afford the price. Loans are…
Personal finances are a touchy subject. Everyone wants to feel responsible and money-sensible, but things happen. There can be sudden emergencies, such as medical bills, that mess up the best-laid plans. Some find budgeting a challenge. They get used to living from paycheck to paycheck and rarely save any money.…
Whether it is Christmas, Hanukkah, or Kwanzaa, this is the time of year when people feel generous and give gifts. Employees feel the same way. Holiday bonuses and other extraordinary things are given out to employees to celebrate the season. Countrywide Pre-Paid Legal Services thinks that this is the…
The Employee Benefit Research Institute (EBRI) recently conducted a study on financial wellness that produced interesting results. The published report,” 2020 EBRI Financial Wellbeing Employer Survey: COVID-19 Driving Benefit Offerings and Potentially Forcing of Budget Decisions,” shows a definite change in the focus of financial wellness programs. Instead of concentrating…
Personal finances are preoccupying many employees. A person may be doing well but still is worried about the money. Will he or she make enough to get to the end of the month? Can those major bills such as college debt be paid promptly? Are penalties assessed for late payments?…
Black Friday is the biggest consumer spending day of the year. Consumers pull out the plastic and search online and traditional stores for all bargains. Some buyers will discover their credit cards are about to be maxed out. How did that happen? Top Heavy Balances Stimulus checks helped, but many…