Why Financial Education at Your Company Needs to Be One-on-One As a developed nation, the United States has a literacy rate of 99%, according to the World Population Review. However, the financial literacy rate of Americans is nowhere near as high. CNBC states only 57% of US adults are financially literate. A contributing factor may […]
How Employers Can Help End Employee Financial Distress Employee health and wellbeing is a top priority for HR professionals. It can be easy to spot signs of physical illness, but not all issues are so apparent. Financial distress can be harder to identify, but is increasingly common and leads to a lack of productivity and […]
How Resuming Federal Student Loan Payments Could Affect Your Employees Federal student loan payments paused in March 2020, but they resume January 2022. While millions of borrowers were able to defer payments temporarily, no broader student loan forgiveness plan has come to fruition. As this payment pause ends, employers must prepare for the challenges employees […]
Bouncing Back from the Pandemic The labor market has changed drastically in the post-pandemic economy. But surprisingly, the labor shortage isn’t caused by a lack of available workers, it’s caused by record-high numbers of workers quitting and retiring, looking for new career opportunities and higher pay. Furthermore, a survey by PwC shows 1 in 5 […]
7 Ways to Be Frugal Frugality is often associated with sacrifice, but it doesn’t have to mean giving something up. Being frugal simply means being wise and intentional with your spending. If you’re trying to be economical in your spending, there are many little things you can do that will make a big difference in […]
Do you want to keep your best employees happy and productive? If so, you should be thinking about implementing employee perks in your company. They’re benefits that are offered to employees beyond their normal salary. With the expansion of businesses across the globe and the implementation of better human resources practices, employee perks have become […]
5 Tips to Avoid Getting Scammed In today’s technology-driven world, scam artists are becoming more and more creative in their schemes to swindle money. Some scammers attempt to call homeowners and convince them they need a new security system, for example, while others masquerade as the IRS attempting to collect money. It can often be […]
Escaping the debt disease starts with education. Rather than being burdened by debt, consumers can learn how to use credit to their advantage.