Life happens. But it’s impossible to predict how and when emergencies will happen. Medical bills, home repairs, a job loss, an unexpected injury, even rent expenses, can suddenly become an unmanageable cost if you have no emergency fund to fall back on. Lack of a financial safety net can send you into a vicious cycle […]
How to Build an Emergency Fund Read More »
The country is experiencing an unprecedented economic downturn that has left nearly 36 million people unemployed with little hope for what their financial future holds. Even before the pandemic, about 40% of people did not have the cash available to cover a $400 emergency and up to 78% of people reported living paycheck-to-paycheck. What’s
Only 57% of American Adults Consider Themselves Financially Literate Read More »
As the economic crisis continues to grow, more Americans are experiencing an overwhelming sense of financial stress and despair. Millions of people across the country have endured lay-offs, furloughs, or reduced working hours leaving them in a financial pinch. Gaining access to funds to help pay medical bills, rent, or even an unexpected car
The Difference Between Employer-Sponsored Personal Loans and Earned Income Advances Read More »
In just under two months, millions of employees have been laid off, entire corporations have been strictly advised to work from home, and organization leaders have been faced with the dilemma of how to balance these new responsibilities–and how to do it remotely. It’s no secret that COVID-19 has flipped the American workforce upside down
How HR Manages Remote Employee Challenges Read More »
Americans entered 2020 hopeful for a new year. Instead, stocks have plummeted to depths similar to our last recession, employers across the nation have laid off employees by the dozens and hope has been lost. COVID-19 has not only impacted us personally by changing our daily routines, homeschooling our children and avoiding large gatherings, it
How to Provide for Employees During Tough Financial Times Read More »
Originally published on the Coalition for Safe Loan Alternatives by David Rothstein In the first few days of the Virus crisis, we are seeing upward numbers of 700,000 being unemployed. Nearly 20% of workers are saying their pay is reduced or they are being laid off. Simply put. We’re in unchartered waters. Rightly, there is
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Student loans – two words that can symbolize a godsend or a financial nightmare for many Americans. It’s no secret student loan debt in the US has grown out of control in the last decade. Student loans have become the largest domestic debt category, reaching an astronomical $1.6 trillion. This number alone is larger than credit card debt at $1.03
The Difference Between Federal And Private Student Loans Read More »
Recent changes to the FICO score, the most widely used credit score in the world, are likely to affect the score of millions of consumers, and even their ability to access a loan in the upcoming year. Why should you care about the new changes? Your credit score builds your credibility with lenders, and therefore
How The New Changes to FICO Can Impact Your Financial Future Read More »
Work environments and practices are evolving rapidly as employers across every industry strive to attract the best available talent. These days, standard benefits packages are not enough to draw the best employees, particularly if you’re looking for millennial workers. If you want to keep your company ahead of the game, you need to stay in
The Future of Employee Benefits Read More »
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