The Great Recession was a major economic downturn that affected the global financial markets from December 2007. From that month, until the end of the recession in June 2009, the GDP declined by 4.3 percent, while unemployment rose to 10 percent — this took a long-term toll on the economy. Some areas of the United […]
Some Areas May Never Recover from the Great Recession Read More »
Despite the strong economy, personal finance is still a major stressor for Americans. According to the 2018 National Financial Capability Study (NFCS), more than 53% of Americans state that thinking about personal finances causes them anxiety. The study also reveals that single women are more likely to feel anxious about financial planning than single men.
More Than Half of Americans Say Personal Finance Makes Them Anxious Read More »
In 2018, the Financial Industry Regulatory Authority (FINRA) conducted a National Financial Capability Study (NFCS), which was designed to measure and analyze people’s experiences of and perceptions to their personal finances. One of the things revealed by the study is that many Americans find their personal finances to be a significant source of stress. More
Education is Key to Financial Wellbeing, Study Confirms Read More »
Employees may not realize the importance of an emergency savings fund until they experience a sudden financial crisis such as unexpected medical bills, house or car repairs, or job loss. Having emergency savings is crucial for the financial wellbeing of your employees and their families. By helping your employees to build emergency savings, you are
Helping Employees Build Emergency Savings Read More »
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