The first experience many people have with government service is being placed on hold. This is not because some social worker is going on a coffee break, but the individual has accidentally contacted the wrong office. It happens when people do not understand how to get through all the various steps getting needed assistance. A group legal plan must be able to help a person walk through the forest. Continue reading
Financial wellness is quickly becoming a major topic in the benefits industry. The after effects of the 2008 Recession, with its crushing impact on mortgages and credit cards, is one of the reasons for decision-makers to look at a means of helping employees with business advice. Millennials are saddled with mounting college debt and employers know how devastating this can be. It is no surprise that vendors are stepping forward with what look to be amazing plans for organizations to think about. We suggest management think very carefully. Not all of these schemes are effective. Continue reading
There are Other Ways Out of Debt Trouble
A recent college graduate does not always have the tools necessary to deal with financial challenges. College debt is a major issue. Many people leave college with debt well into the five figures and are not quite sure how to handle it. Regrettably, they sometimes take the easy way out. It can jeopardize financial wellness. The most common steps taken are to use forbearance or, in extreme cases, declaring bankruptcy. Forbearance essentially allows a college graduate to put off until tomorrow the debt which is owed today. This does not make the obligation go away. Instead, it means that college debt is something that takes years more to pay off. Continue reading
Debt problems do not always result from one major bill. Ordinarily, a person runs into problems paying many obligations, including mortgages, auto loans, credit cards, and student debt. While paying the minimums is one strategy the money must be set on time. If it isn’t, penalties will be assessed. It may take a matter of a few months, and the individual is suddenly in a debt trap. There is more money going out than money coming in, and bankruptcy appears on the horizon. This is not a good situation at all. Continue reading
Millennials will work at minimum wage jobs until they graduate. All of them feel a great sense of relief and satisfaction when they get their first full-time paycheck. It is an amount of money they only dreamed of before, and they are very excited. However, the additional income has a challenge attached to it. Financial wellness depends on being able to budget properly. Continue reading
Pre-paid legal services will usually cover some essential needs. Drafting a will or helping with government agencies is something that anyone can expect. However, there are times when special types of legal expertise are needed. It may be above and beyond what an ordinary attorney can do. A group legal plan must be able to respond to such a need. Continue reading
Medical expenses terrify many people. Simple surgeries which may help a person are avoided because of the dread of the cost. With deductibles ranging up to $5000 or more, this anxiety is understandable. The financial wellness of many people hangs on the ability to pay those bills. Continue reading
A chalk board with the words problems and solutions
The Internet is remarkable, but even cyberspace has limitations. There are times when people want to talk and interact with a human being. It applies in particular if there are legal issues. Unfortunately, not all group legal plan services do that. Instead, they rely on a website with a question and answer page. Continue reading
Home Buying Education Helps Buyers
Model house in woman’s hand
The Information Can Save Thousands
Not everybody is in a financial wellness crisis. Most people have their finances well in hand and are making needed payments. The same people may need advice on major expenses they’re contemplating. Buying a home is a major financial transaction. Advice on how to buy a house can be very worthwhile and save thousands of dollars. Countrywide Pre-Paid Legal Services offers education on housing to help people make better decisions. Continue reading
The Need to Forgive Yourself
A chalk board with the words problems and solutions
Financial Problems Come from All Places
Getting into financial trouble can be very embarrassing for an employee. He or she is an adult and wants to be taken seriously but has run into problems. Financial wellness can sometimes be compromised by the smallest things. Debt accumulates, and it can happen without an individual being fully aware. Retail companies encourage the use of plastic because when people use their credit cards they ordinarily spend a bit more. The interest rates are double digit numbers, and if you miss a payment, you have a penalty fee to cover.
It Can Be Confusing
The repayment of student loans can be so complicated, with penalties for missing a deadline, that some former students are considering bankruptcy. All of this is incredibly hurtful and embarrassing to the individual. Anyone who has financial problems should first of all forgive himself and then seek assistance. Countrywide Pre-Paid Legal Services is there to help. Continue reading
Published By Countrywide Pre-Paid Legal Services, Inc.