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How Financial Wellness Programs Can Benefit Employees and Employers

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And 85% of these HR leaders reported that financial wellness benefits are more important than even a year ago, the study found. People who follow the YNAB rules report an increase in savings, lower debt and a higher credit score, he adds.

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How to Save Money on Your Car Insurance

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Carrying more insurance than your state’s minimum requirements is generally recommended since accidents can get expensive, especially if someone is seriously injured or has a lot of property damage. A deductible is the portion of the repair or medical bills you are responsible for paying if you are found at fault in an accident.

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Employee Files: What to include, what to leave out, and what’s confidential

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Besides that, your confidential medical records will let you know if any team members have disabilities that you need to consider when planning and assigning tasks. Confidential documents include medical files, tax documents, employee benefits , payroll records, and more. That includes the following: Benefit information (i.e.,

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8 Pieces of Financial Advice for New College Graduates

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Some people refer to this as an emergency fund , but it is essentially three to six months’ worth of living expenses you can use to pay for essentials if you lose your income or get hit with unexpected bills, such as a car repair or medical emergency. You may not get your expenses to match the 50/30/20 percentages.

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5 Ways to Save Money This Holiday Season (Without Disappointing Anyone)

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The Associated Press (AP) reported that spending had slowed in October , ahead of the holiday season. And it’s not just the United States— Dutch consumers are cutting back, and Canadians are spending less on holiday travel and gifts, new reports show. In fact, 38% of Americans plan on carrying holiday debt into the new year.

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3 Steps to Take Before Going Into Business for Yourself

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A 2021 report uncovered that 40% of traditionally-employed American workers are considering a transition to self-employment in the next two years. Before going into business for yourself, you should have an account set aside to save for these additional expenses. If you’re struggling to save money, take a look at your budget.