The academic year is now in full swing. Students are filling up the classrooms in colleges and universities and they are acquiring the knowledge they need for their future careers. They’re also acquiring debt which will affect career decisions. College Debt Harms Financial Wellness Tuition and living expenses…
Enormous debt balances may come on gradually. People get used to paying for everything, including groceries, with credit cards. It doesn’t take long for the purchases and the double-digit interest charged to create a sizable balance of credit card debt. An emergency medical bill could do the same damage. Financial…
Group Legal Plans encourage members to use the simple will drafting benefit. It isn’t too complicated and a simple will determines how an estate is distributed. It prevents a lot of probate court hassles and there is something else even more important. This pre-paid legal services option can prevent a…
People will make bad decisions and financial wellness suffers. They decide to use forbearance to manage a college loan or pay a medical bill before the health insurer has paid its share. It is unfair to say those with debt are frivolous spenders. However, it is safe to assume they…
Government does not dominate our lives, but it influences our decisions. Ordinary people rely on government services at local, state, and federal levels. Public bureaucracies do not have a great sense of urgency: things are done methodically and deliberately. The slow pace drives people crazy. The best group legal plans…
The start of the new school year reminds many recent college graduates of an obligation they must meet. They financed their education through a series of loans that met the cost of tuition and other expenses, but that left them in a mess. The financial wellness of many is under…
The market is not perfect. Products and services might be defective or have poor quality. Group legal plans offer benefits to help with many legal issues. It is all well and good, but consumer protection is a pre-paid legal service benefit many Plan members need. Protected by Paper We expect…
Consumers enjoy using credit cards. It is certainly convenient to buy with plastic and it is much safer than carrying a lot of cash. Nevertheless, credit cards can be dangerous in the hands of the wrong person. Even though credit cards make shopping easier, they pose a serious threat to…
Settling agreements with a handshake alone is not just old school; it is ancient history! This is not your grandfather’s society, and everything must be in writing. Contracts, leases, warranties, licenses, and all other types of arrangements are drafted in specific language that can be very confusing to an ordinary…
Financial wellness is elusive for some of us. It seems as if as soon the books are balanced, there is a major medical bill or credit card invoice in the mailbox. Unexpected debt will cause carefully made financial plans to go out the window. No one wants to lose control…