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Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

Allwork

Financial wellness programs can help alleviate financial stress and improve overall employee well-being by providing education, resources, and tools for effective financial management. They offer strategies for asset allocation, compounding interest education, and guidance on navigating retirement accounts such as 401(k) plans and IRAs.

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

Allwork

Other financial wellness benefits like student loan repayment assistance, financial education resources, retirement savings plans, and health savings accounts do more than merely provide employees with access to capital. They teach employees how to budget, plan, and prepare for anything.

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The UK workplace sector reacts to the Spring Budget 2023

Workplace Insight

Today the UK’s Chancellor of the Exchequer, Jeremy Hunt presented his Spring Budget to the House of Commons. In it he announced what her referred to as his ‘four pillars’ of industrial and productivity strategy, namely: ‘Enterprise’, ‘Employment’, ‘Education’, and ‘Everywhere’. billion every year. “It

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As I Enter My 60s, Here’s the Advice I Would Give to My Younger Self

Success

Eschew higher education? Strengthen those left-brained skills As a writer, I’m all about storytelling, creativity and out-of-the-box thinking. Setting budgets. So, instead of improving my skills in these areas, I’d avoid them whenever I could. But some foundational skills never change, and some common struggles remain.

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

Success

I’m no stranger to setting lofty money goals : At 9 years old I became cognizant of the idea of college—a seemingly far-off milestone that my parents described as “important” and “expensive”—and decided I needed to proactively save money for my college education. I would love to get to a number that we can collaboratively agree on.”.

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Start Talking to Your Kids About Investing—Here’s Where to Start

Success

It’s essential to get started, though: According to a recent Bankrate survey , “four in 10 teenagers (41%) were not receiving any financial literacy education in school.” Teach them where to find reputable information and how to think critically about what they read—an invaluable skill for all areas of life, not just financial literacy.

Finance 246
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16 Rich Habits

Success

If you want to end your financial struggles, you need to make a habit of saving and budgeting what you spend. Here are some sensible ways to budget your monthly net pay: Spend no more than 25 percent on housing, no matter if you own or rent. Contribute as much as you can afford to a retirement plan. Read every day.

Mentoring 315