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How Financial Wellness Programs Can Benefit Employees and Employers

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Gone are the days when new employees received a list of the company holidays during onboarding and a packet with information about how to sign up for health care and retirement benefits. Companies can gauge employees’ interest in financial wellness programs by conducting anonymous surveys, she adds.

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Using a Financial Planning Checklist Can Help You Meet Your Goals

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Although it might sound tedious, dedicating a little time to checking in on your bank statements, confirming you’re saving enough for retirement and reviewing the financial goals from the beginning of the year can help ensure you are on the right track. It also gives you time to make corrections if needed.

Goals 306
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How to Know If You’re Financially Ready to Start a Business

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Unfortunately, the odds aren’t necessarily in their favor: A survey of pandemic entrepreneurs found that more than half believe their business will fail within the year without extra aid. Are you currently earmarking 15% to 20% of your income for retirement? In the wake of mass layoffs and resignations, the U.S.

Expenses 342
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A Millennial’s Guide to Finances: 5 Things to Start Before You Turn 30

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According to a 2022 survey by Deloitte, 36% of millennials and 29% of Gen Z cited “cost of living” as their greatest concern. Track your budget. If you need additional capabilities, she suggests you try You Need a Budget (YNAB ), but note that this requires a monthly fee. Retired professor Timothy G. Wiedman, D.B.A.,

Finance 279
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4 Ways To Financially Support Your Employees (Other Than Raises)

Allwork

The recent Workplace Wellness Survey by the Employee Benefit Research Institute ) blames inflation for workers’ poor financial health, as 80% of respondents said that debt and an inability to plan for the future is “ a problem.” They teach employees how to budget, plan, and prepare for anything.

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The New Reality of College Savings for Parents and Students

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For the first time in its 18-year history, the College Savings Foundation’s State of Higher Ed Savings Survey reported that more than half of parents said they are saving in a 529 plan. The survey, which polled more than 1,000 parents of children aged 25 and younger in July 2024, also found that parents are saving more than ever before.

Expenses 217
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Impending Recession Or Not, Use These Professional Tips To Prepare For Financial Turbulence

Allwork

MyPerfectResume found that 85% of surveyed American workers are worried about losing their jobs, while 78% of them predict a recession is imminent. This can affect wealthier individuals more acutely due to decreased portfolio values, but it also impacts pension funds and retirement accounts, which can impact the broader population.

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