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Commuting costs continue to put strain on office worker finances

Workplace Insight

UK employees are suffering higher cost-of-living expenses, especially due to transportation costs and tensions may rise as many companies enforce return-to-office policies. According to the poll, most hybrid and remote employees highlighted travel costs as the highest overall expenditure they have when attending the workplace.

Finance 59
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A Millennial’s Guide to Finances: 5 Things to Start Before You Turn 30

Success

However, important skills like when and how to manage your finances don’t come naturally to many. According to a 2022 survey by Deloitte, 36% of millennials and 29% of Gen Z cited “cost of living” as their greatest concern. Lesley Tenaglia, a mortgage agent at both Ultimate Mortgage and Finance Solutions Inc.

Finance 279
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Facing ‘Un-Retirement’: The Cost Of Living Is Forcing Retirees Back To Work

Allwork

ResumeBuilder.com conducted a survey in order to find out if the inflation and supply chain issues facing the country over the past several months have prompted even more retirees to consider going back to work. . What the survey found was that 69% of retirees who are un-retiring are doing so in order to combat the rising cost of living.

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Many Employees Literally Cannot Afford To Return To The Office And Employers Are Considering Picking Up The Tab

Allwork

Inflation is at a 41-year high and soaring gas prices are taking a toll across the country, with hourly workers bearing the brunt of these challenges — 81% reported that record gas prices have made it hard to pay other expenses. . In May 2021, commuter expenses accounted for only.23% 23% of all claims.

2022 246
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How to Create a Budget: 6 Steps to Get You on the Path to Financial Security

Success

The cost of building a life isn’t. We all know expenses exist, but the numbers keep adding up—rent, water, trash, electricity, cable, Internet, car insurance, renter’s insurance, gas, cell phone. Dive into a digital finance manager, excel sheets, worksheets and a homemade bill binder. Set goals and adjust your expenses.

Budget 279
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How to Know If You’re Financially Ready to Start a Business

Success

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. After all, without cash flow and a solid financial plan that includes costs and expenses, you won’t be able to get your business off the ground.

Expenses 342
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Optimizing the Hybrid Work Landscape for Tasks to Do at Home

Allwork

Office presence should be for a compelling purpose that surpasses the notable expenses, in terms of time, finances, and stress associated with commuting. A Hubble survey demonstrated that 79% of participants enjoyed the absence of commuting, making it the top-rated advantage of working from home.

Expenses 162