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How to Create a Budget: 6 Steps to Get You on the Path to Financial Security

Success

Managing money is intimidating, but it’s 100 percent doable—and it’s pretty darn necessary if you want to be in control of your dollars. Dive into a digital finance manager, excel sheets, worksheets and a homemade bill binder. According to a Gallup survey , only one in three Americans prepares a detailed household budget.

Budget 279
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How Financial Wellness Programs Can Benefit Employees and Employers

Success

Human resource leaders have observed cash-strapped employees reducing retirement contributions and talking about how money-related stress has negatively affected their work lives, according to a 2022 financial benefits study conducted by Morgan Stanley at Work. Amid high inflation the need for such benefits has become even more apparent.

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The 8 Biggest Financial Mistakes to Avoid in Your 60s

Success

Not enjoying their leisure years Emily Rassam, CFP ® and Senior Financial Planner for Archer Investment Management, has found that many clients avoid withdrawing their retirement funds. Not accurately budgeting for giving While everyone’s philanthropic and legacy gifts are individual decisions, being too generous can become problematic.

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Want to Retain Your Team? Offer Financial Well-being Programs

Allwork

77% of employees say financial stress is affecting their mental health, and 52% said it’s impacting their physical well-being. . Employee financial stress is at an all-time high, according to HR Morning. For employees, finances are actually the top source of stress — even more so than health or family issues. .

Finance 290
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30 New Year’s Resolution Ideas to Make 2024 Healthier, Happier & More Secure

Success

Additionally, consider breaking larger goals into smaller, more manageable steps. Start a daily meditation or mindfulness practice to reduce stress and enhance focus. Read at least one book per month to reduce stress and expand your knowledge. New Year’s resolution ideas to improve personal finance Create a monthly budget.

2024 299
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SUCCESS’ 2024 Women of Influence

Success

Dr. Rajinder Atwal Medical Director, CEO, Founder, Family Physician, M.D., She is the founder, CEO and medical director of Bathurst Walk-in Clinic and Family Practice, which serves marginalized communities. Bathurst Walk-in Clinic and Family Practice Atwal is a trailblazer in the health care industry. She is also a Ph.D.

2024 264
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8 Pieces of Financial Advice for New College Graduates

Success

College graduation is exciting and stressful as you look for a job and start work in your chosen field. After all, learning how to manage your finances before money mistakes happen can help you avoid easy-to-make slip-ups like dings to your credit score or an overdrawn bank account. The good news is, it doesn’t have to be.