A Quick Guide to Securing Your Child’s Credit Future
A recent study reveals that 42% of Americans have [...]
U.S. Credit Card Debt Statistics 2022
As more people switch to cashless payment methods, the global [...]
The Full Parent Guide for Children Financial Education
A study conducted by the Financial Industry Regulatory Authority (FINRA) highlights the [...]
Financial Stress: Signs of Stress & 8 Ways to Cope
Financial stress can manifest itself in many different ways, and looks similarly to any other form of stress or anxiety. With 78% of American workers reporting they live paycheck to paycheck and 72% of Americans stressed about finances, it is critical that individuals know the various resources available to them.
COVID showed why we need to make financial literacy a national priority
As the COVID-19 pandemic continues to upend our lives, Americans [...]
Employee ownership, the wealth gap, and the current crisis
Sen. Ron Johnson (R-Wis.), one of the most conservative members of Congress, and Rep. Alexandria Ocasio-Cortez (D-N.Y.), one of the most liberal, have both introduced sweeping proposals to broaden employee ownership in the U.S. That surprising fact testifies to just how practical—and urgent—this idea is. Too many Americans have too little wealth. Just over 20 percent of all Americans have no wealth at all. Forty percent of Americans cannot cover a financial emergency with available cash, forcing them to need to borrow money, put it on a credit card, raid their retirement accounts (if they have one), or other less than optimal choices. Only about half the working age population has retirement savings of any kind.
What is an emergency fund and why does it matter?
While responsible planning can help prevent a number of painful [...]
Certain Employee Groups Are in Greater Need of Financial Help
A survey by Greenspring Advisors conducted during May 2019, with [...]
This is the year to get your financial wellness benefit right
If you’re going to spend money on a benefit for [...]
The Elusive ROI of Financial Wellness
The Elusive ROI of Financial Wellness When contemplating a financial [...]