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Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

Allwork

High financial stress among employees, including those with high incomes, can lead to mental and physical health impacts, which cost businesses in lost productivity. This discrepancy highlights a critical gap in support that could otherwise enhance employee engagement and productivity. Here are some options: 1.Retirement

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A Single Mother Struggling to Budget Weighs the Balance Between Just Surviving and Really Living

Success

So, I had to learn to stick to my budget , which wasn’t easy, especially for someone who’d had to repeat a year of high school math. How did I rationalize spending money that put me slightly over budget? I do have retirement accounts and 529s, though both have tanked, while my grocery bill (like everyone else’s) has crept up.

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How Financial Wellness Programs Can Benefit Employees and Employers

Success

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. We want them to be productive and happy and creative and we don’t want money stress to get in the way.” Employees are more productive at work.

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4 Steps Everyone in Their 20s Should Take to Beat a Potential Recession

Success

According to the Nationwide Retirement Institute, 15% of Gen Zers and millennials “reduced contributions to their 401(k) and similar retirement plans over the last year.” Analysts at both Goldman Sachs and Bank of America predict a recession will occur in 2023, but because gross domestic product dropped 1.6% Prices go down.

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Tori Dunlap, Founder of Her First 100K is on a Mission to Close the Gender Pay Gap

Success

Debt is a normal part of most people’s personal finances—according to the Consumer Credit report released by the Federal Reserve, in February 2022 Americans had $4,481 in debt on average. It is no secret that the gender wage gap continues to persist in 2022. Plan for retirement. It’s not inherently bad.

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SUCCESS’ 2024 Women of Influence

Success

Drawing from their unique experiences and insights, they create products, services and technologies that cater to the diverse needs of society, driving innovation and fostering inclusive growth. She is a 2023 CNN Hero, a 2022 Soros Justice Fellow and a 2019 JustLeadershipUSA Leading with Conviction Fellow Alumna.

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