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Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

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Employers offering a range of financial support options — such as retirement planning workshops, debt management counseling, and savings incentive programs — can lead to a more stable, productive, and health-conscious workforce. Offering resources that improve financial literacy and wellness supports and empowers employees in a business.

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7 Apps to Teach Kids About Money

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A 2017 study found that disparities in financial literacy may account for as much as 40 percent of the wealth gap between those retiring with more and those retiring with less. RoosterMoney is primarily an allowance app for kids, but it’s particularly handy for teaching kids about saving for short-term and long-term goals.

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The Silent Crisis Of Workplace Loneliness: 9 Ways To Foster Genuine Connections At Work

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Business leaders can play a crucial role by adopting strategies designed to nurture authentic and meaningful relationships among employees, fostering a supportive environment across all levels of the organization. The ultimate goal is to create a sense of connection for individuals, regardless of their background or situation.

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2023 Financial Forecast: How to Prepare for the Year Ahead

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Even as you plot out some of those big money decisions you face in the year ahead, don’t lose track of other goals—namely, retirement. Don’t think it’s too early to develop a plan to retire; even if you’re at the front end of your career you should develop a plan for the back end.”. Stay invested in financial markets.

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Use Mindfulness to Transform Your Financial Well-Being

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We’ve talked before about setting and achieving goals , and one of the simplest (though not easy) techniques to accomplish your financial dreams is developing the habit of mindfulness. Building a mindfulness practice starts with awareness of yourself and your environment. What is mindfulness?

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Finding a Retirement Lifestyle That Works

Small Business CEO

Retirement is supposed to be relaxing and care-free , but before you can embark on your golden years, you need to get a better idea of what you want those golden years to look like. Those are worthy goals. Sure, maybe you want to spend more time with your family, or devote as many hours as possible to volunteering in your community.

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7 Money Mistakes You’re Making in Your 20s

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To get around this, buy items you can use more than a handful of times—it’s more economical and friendlier to the environment. It can also pad your emergency savings or get you $720 closer to your big savings goals like a house or retirement. Paying credit card interest or fees. A credit card can be a useful tool.